Altarea, a property developer in France, agreed to acquire Primonial, an independent real estate investment and asset management company, from Bridgepoint, Latour Capital and Société Générale Assurances. Financial terms were not disclosed. "With this project, which gives us a new dimension, we are choosing to join forces with an industrial group characterised by its entrepreneurial spirit and long-term vision, a real estate leader in the urban transformation market. Together, we will invent a new operating model and continue to innovate in the service of our respective and shared clients. We will thus be able to take our development plans to an even higher level by positioning ourselves on new types of developments and gaining market share with an original and comprehensive approach," Stéphane Vidal, Primonial Group Chairman.