Unibail-Rodamco is poised to acquire two shopping centres in Portugal for a total of EUR 500 mln, newswire Bloomberg reported on Wednesday. Europe's largest listed real estate company is entering the Portuguese market by purchasing Almada Forum and Forum Montijo from a fund managed by German investment manager Commerz Real.
Unibail-Rodamco is poised to acquire two shopping centres in Portugal for a total of EUR 500 mln, newswire Bloomberg reported on Wednesday. Europe's largest listed real estate company is entering the Portuguese market by purchasing Almada Forum and Forum Montijo from a fund managed by German investment manager Commerz Real.
When contacted by PropertyEU, Unibail-Rodamco declined to comment on 'market rumours'. Commerz Real was also unavailable to answer questions on the report.
Click on the link below to go to the Bloomberg story
