London-based Arab Investments has acquired the Sankt Annen Galerie shopping and leisure centre in Brandenburg an der Havel, Germany from High Gain House Investments (HGHI Berlin). The transaction, which is being financed by Eurohypo, involves an investment of around EUR 53 mln. Savills advised Arab Investments on the acquisition.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
