GLOBAL - APF International has acquired nearly 30 retail units spread across a number of urban centres in the Netherlands for €24m.
The diversified portfolio was bought by APF on behalf of its Vastgoed CV APF XI fund, with the 28 units spread across 17 Dutch urban centres.
The Dutch company Green Real Estate acted as vendor, which will see €15m of the acquisition price come through mortgage financing.
In other news, Atrium European Real Estate is to develop a 20,000 square metre market space for French retailer Auchan in a shopping centre development under construction in Poland.
The Felicity Mall in Lublin is set to open in 2013, with more than a quarter of its total 74,000 square metres in retail space now dedicated to the French company.
Atrium currently owns nearly 20 retail developments in the eastern European country, with an estimated market value of €677m.
Meanwhile, Tishman Speyer has announced its largest deal ever conducted in Paris, leasing around 38,000 square metres to France's Ministry of the Interior.
Located in the 12th Arrondissement of the capital, Lumière also currently houses financial institutions including Natixis, Société Générale and ING Direct.
The company's senior managing director Michael Spies said: "Given its local prominence and superb location in the Paris office market, we anticipate the property will continue to benefit from strong tenant demand."
Finally, Rockspring Property Investment Managers has leased a 90,000 square feet refurbished office in Kingston-upon-Thames.
Kings House and Conquest House - both grade-A properties with retail space on the ground floor - have been leased to oil company Saipem for 15 years once the refurbishment work has been completed at the end of next year.
No comments yet