Bloomberg - June 6, 2007
Fonciere des Murs SCA, which buys buildings and leases them back to their previous owners, agreed to purchase 102 outlets across France from the Quick Restaurants fast food chain for 316 million euros ($428 million).
Quick Restaurants, acquired earlier this year by France's state-owned Caisse des Depots et Consignations, will lease back the restaurants for 12 years, paying an initial annual rent of 18 million euros, Paris-based Fonciere des Murs said in an e- mailed statement today.
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