GLOBAL - Varma, Amplion, Union Investment, Hahn Group, Pramerica, West Sussex Pension Fund, Heitman, Aviva
Finnish pension insurer Varma has sold an eight-asset supermarket portfolio to fund manager Amplion for around €28m.
All eight assets are let on long leases to two major domestic supermarket groups.
Amplion has indicated that it still has €30m to invest in grocery-based retail assets for its ARIF-1 fund.
In other news, Union Investment has acquired a 50-unit Flensburg shopping centre with an undisclosed price tag for a new retail fund.
The asset, located on the German-Danish border, will be the second acquisition for a vehicle targeting value-added euro-zone assets.
Meanwhile, Germany's Hahn Group at the end of December closed a €40m deal on a Regensburg shopping centre for its domestic retail fund.
The acquisition of the supermarket-dominated 'hybrid' centre brings the fund's assets up to €350m.
Elsewhere, Pramerica acquired a prime office asset in Glasgow for £70m (€85m) on behalf of one of its separate-account clients.
The fully let office asset comes with an average lease length of 11 years.
West Sussex Pension Fund has acquired a City of London office asset for £17m.
The recently refurbished, seven-tenant block comes with an average unexpired lease length of seven years and an initial yield of 5.7%.
Lastly, the European subsidiary of US fund manager Heitman has acquired two office blocks from Aviva in its second deal in the Hungarian market.
The assets - one prime, let to telecommunications firm Ericsson, the other value-added - follow its acquisition by a joint venture of Millennium Towers last year.
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