Allianz Real Estate Germany and ING Real Estate Development (ING RED) announced on Wednesday that they have reached agreement on the sale of a 50% share in the Allee Shopping Centre in Budapest to Allianz for about EUR 100 mln. ING Real Estate Development will keep the remaining 50% ownership of its Allee scheme and will be responsible for the day-to-day management of the centre.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
