Deal in Depth: Invesco continues retail drive with French buys

PropertyEU Magazine explores Invesco's renewed focus on more resilient retail properties.

Invesco Real Estate (IRE) ventured into the much sought-after retail sector in France with the purchase of a retail park and a commercial gallery worth a combined €200 mln in late 2012.

Commenting on the deal, Paul Joubert, managing director of IRE’s European transactions said: 'With this deal we are just taking a timing risk and not a financing one, as the price is paid on delivery of the assets.'

Read the full deal in depth in the PDF below.