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14 February 2012
Stockholm
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22 February 2012
London
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03-04 May 2012
Vienna, Austria
French REIT Altarea agrees e450m Cap 3000 mall purchase
French shopping centre REIT/SIIC Altarea Cogedim and its main shareholders Predica and ABP have agreed to buy Galeries Lafayette's Aldeta mall unit whose main asset is the prime Cap 3000 shopping centre in the south of France. The deal values Cap 3000 at E450m, representing an initial net yield of 4.65%. (See upcoming PIE Editions for full story)