Germany’s Alstria Office REIT is planning to spend up to EUR 220 mln on the acquisition of office properties in its home market in the coming few months. In an interview with PropertyEU during the EXPO REAL fair, CEO Olivier Elamine said that the company will use the EUR 50 mln in proceeds from a capital increase carried out in September exclusively to finance its acquisition plan.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
