Altarea, ABP and Predica create SPV for Cap 3000

By A staff reporter 2010-06-01T00:00:00

French retail specialist Altarea, pension fund giant ABP and life insurer Predica have created a new vehicle, Altablue, through which to conduct their purchase of the Cap 3000 shopping centre in Nice. The three partners bought the mall from Galeries Lafayette in early May for EUR 450 mln. The deal ...

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