This portfolio, valued at over €125 million, benefits from a WALB (Weighted Average Lease Break) of 5 years.
BNP Paribas REIM France was advised by BNP Paribas Real Estate Transaction and JLL, under a co-exclusive sales mandate.
BNP Paribas REIM has sold the « CUBE » portfolio to OM France and Mata Capital, which represents more than 113,000 sqm of retail space spread across 19 single-tenant properties located in France and operated mostly by the French brands, BUT and BABOU.
The opening of Muji at the centre will be the first flagship store in Finland and represents the largest Muji store in Europe. The store is scheduled to open in Q4 2019. Muji currently has more than 40 stores across Europe.
Residents of Katowice and the Silesian conurbation have been already visiting the latest shopping and entertainment complex in Silesia. It is the 150th project built by a developer from Kielce - Echo Investment.
IMMOFINANZ is driving the expansion of its successful STOP SHOP retail park brand and has now purchased eight retail parks in Slovenia, Serbia and Croatia. The purchase price totals approximately EUR 90.5 million.
Sonae Sierra recorded a positive performance across its portfolio of assets and businesses during the first nine months of 2018. Its Direct Result increased by 9.7%, on a proportional basis, while the Net Profit remained broadly flat y-o-y (year-on-year) at €77.5 million.
The biggest mall and the first one in Warsaw opened in a decade sets an example of green standards. GTC’s Galeria Północna, put into use last year, was awarded Gold LEED certificate. After the first successful year of its operation, the shopping center proves to be a role model in environmental sustainability.
McArthurGlen, Europe's leading owner, developer and manager of designer outlets, is investing €1 billion in new centres and expansions to cater to growing demand from shoppers and tourists seeking the finest retail experiences and great value for money.