August 2020

CBRE Global Investors has announced the significant completion of a key milestone, the raising of the angel wing sculpture, as part of the centre’s £16m refurbishment plans at Angel.

The HATRIC Q2 retail park in Hartberg, Styria (Austria) has changed hands. Having previously acquired the adjacent phases HATRIC Q3 and Q4 from Rutter Immobilien Gruppe upon completion in 2017, Union Investment has now also secured the Q2 building with its approximately 6,800 sq m of rental space, which opened in 2005.

pbb Deutsche Pfandbriefbank has extended an investment loan facility in the amount of €89.7 million to the European Outlet Mall Fund, a real estate fund managed by Nuveen Real Estate, one of the largest investment managers globally, for the financing of phases 1,2 and 5 of “Designer Outlet Parndorf” centre near Vienna. pbb acted as arranger, lender, agent, and security agent under the facility.

VIA Outlets – Europe’s fastest growing owner-operator of premium fashion outlet destinations – has partnered with leading testing and certification expert Bureau Veritas in the light of Covid-19 to create a ‘Safer Shopping’ certificate, which has now been granted to every centre in VIA Outlets’ 11-strong portfolio.