PropertyEU

IEF Capital buys retail assets from Unibail-Rodamco for EUR 775 mln

By A staff reporter 2008-01-30T00:00:00

IEF Capital, a joint venture of Bouwfonds Asset Management and Inflation Exchange Fund, said on Wednesday it has agreed to buy part of Unibail-Rodamco's Dutch retail portfolio for approximately EUR 775 mln. The transfer of ownership is scheduled to take place in April 2008.

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