Inovalis Real Estate Investment Trust (TSX:INO.UN) acquired Gaïa office property in Nanterre from GA SAS and Paref SA (ENXTPA:PAR) for approximately €40 million on March 28, 2022. as per the terms of the transaction,The purchase price was €40 million, excluding €3.7 million acquisition costs and rental guarantee. This acquisition has been financed by a €22 million mortgage loan.

Inovalis Real Estate Investment Trust (TSX:INO.UN) completed the acquisition of Gaïa office property in Nanterre from GA SAS and Paref SA (ENXTPA:PAR) for approximately €40 million on March 28, 2022.