A joint venture of French retail specialist Altarea, Dutch pension fund ABP and Crédit Agricole Assurances' Predica unit has acquired the Cap 3000 shopping centre in Saint-Laurent du Var, near Nice from Galeries LaFayette. The transaction price of EUR 450 mln reflects a yield of 4.65%.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
