Morgan Stanley Real Estate Investing has emerged as the top retail investor so far this year with a volume of €1.6 bn, according to PropertyEU research.
Morgan Stanley Real Estate Investing has emerged as the top retail investor so far this year with a volume of €1.6 bn, according to PropertyEU research.
The US investor accounted for two of the biggest deals over the first nine months of the year: the acquisition of the Metropolis mall in Moscow for about €1 bn and the purchase of a 15-asset portfolio from French retailer Auchan in Italy for €635 mln.
Morgan Stanley was also active on the sales side, selling a 50% stake in Moscow’s Metropolis Mall for €463 mln.
Click on the attachment below for PropertyEU's Special Retail Report, which contains an overview of the top 25 retail deals carried out in Europe in 2013 (to mid-October).
