Alstria Office, an internally managed German Real Estate Investment Trust (REIT), has agreed to acquire an office complex in Karlsruhe for EUR 36.2 mln. The asset will be leased back by the vendor, Württembergische Lebensversicherung, under a 15-year lease, securing the insurer's commitment to Karlsruhe for the long term.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
