UK real estate investor Boultbee has announced the restructuring of the loan for the largest retail property acquisition of 2007. The transaction involved Boultbee and Lehman Brothers buying the Centrum Kompaniet portfolio of 10 shopping centres from the municipality of Stockholm for SEK 10 bn (then about EUR 1 bn ).
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
