The Italian fund management arm of BNP Paribas REIM has announced the sale of a hypermarket in the Via Larga shopping centre in Bologna, Northern Italy, to local hypermarket group Gruppo Nordiconad for over EUR 31 mln. The property was owned by the BNL Portfolio Immobiliare fund, which is currently in liquidation. The proceeds from the sale will be used to reduce the fund's debt burden, BNP said.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
