Property investor Redefine International is poised to clinch a new shopping centre deal in Europe over the next few weeks, CEO Mike Watters told PropertyEU.
Property investor Redefine International is poised to clinch a new shopping centre deal in Europe over the next few weeks, CEO Mike Watters told PropertyEU.
Watters said Redefine, a £1 bn (€1.2 bn) property owner listed on the London and Johannesburg stock exchanges, was currently negotiating the purchase of a regional shopping centre worth around €100 mln.
'We think we will close the deal in the next four to six weeks,’ Watters anticipated.
Redefine completed the purchase earlier this month of a portfolio of three shopping centres in Germany from various funds managed by Irish investment manager CMC Capital.
Premium members can read more about both the upcoming transaction and the investment in Germany by clicking on After German shopping centres, what next for Redefine?
