ING Real Estate Investment Management (ING REIM) has acquired the Maison shopping centre development in Pas-de-Calais, on the northern coast of France, from the French property group Sopic . The Maison mall has been acquired on behalf of the retail-dedicated property fund ING Retail Property Fund France Belgium. The financial details of the transaction have not been disclosed.
ING Real Estate Investment Management (ING REIM) has acquired the Maison shopping centre development in Pas-de-Calais, on the northern coast of France, from the French property group Sopic . The Maison mall has been acquired on behalf of the retail-dedicated property fund ING Retail Property Fund France Belgium. The financial details of the transaction have not been disclosed.
The 25,000m2 development, designed by Groupe Sopic, will comprise a new Ikea store, four buildings with 19 units between 400m2 and 4,000m² and a 1,300m² craft centre. The occupancy rate of the development has already reached 90%. Opening is scheduled for the end of 2007, French newspaper Business Immo reported.
