U.S. commercial real-estate group CBRE Global Investors said on Monday it had sold a portfolio of 10 shopping malls in France and Belgium to the China Investment Corporation sovereign wealth fund and Paris-based AEW Europe.
CBRE said in a statement that the portfolio was valued at 1.3 billion euros ($1.43 billion) and consisted of two malls near the Flemish city of Antwerp and eight in France.
The industry behind champagne production has been handed world heritage status by the United Nations' cultural arm.
Unesco decided that the vineyards, wine cellars and sales houses where champagne is produced and sold were culturally significant.
It was one of 11 sites given World Heritage status by Unesco at a meeting in Germany on Saturday.
The status should ensure the sites receive special protection in future.
Buying a property with a sitting tenant and paying them to live there sounds like an odd investment, but the practice has been around in France since the 9th Century - and bizarrely it's getting more popular. Why?
Authorities in Paris are taking drastic measures to control holiday lets because of concerns about the impact on the residential property market.
Under French law, you can rent out your primary residence to holiday-makers for short periods.
However, City Hall in Paris believes that as many as two-thirds of properties being rented on very short lets are not primary residences.
The Airbnb internet phenomenon is a boon for tourists, who find accommodation in popular destinations at a fraction of the cost of a hotel.
But in some cities the explosion of holiday lets is beginning to cause serious concern.
Opt in here