22.11.2010 - A new record for French retail investment in 2010
From Europe-re.com: According to Savills, retail assets have accounted for 31.5% of total commercial investment in France since January 2010. This represents a record high volume of €2.5 billion, up 247% compared to the same time period in 2009. The international real estate advisor records that sales of shopping centers and malls accounted for 64% of the market, totaling €1.6 billion, including the acquisitions of Cap 3000 by Altaréa/ABP/Predica for €450 million, 75% of Espace Saint Quentin bought by Allianz and 51% acquired in O’Parinor by Korean pension fund, NPS..............................................Full Article: Source
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