UK listed Capital Shopping Centres Group (CSC) has confirmed that it is in advanced talks to acquire the Trafford Centre in Manchester in a £1.6 bn (EUR 1.9 bn) transaction. The asset is owned by the Peel Group, a UK-based investment company that has about £6 bn of assets under management in the infrastructure, transport and real estate sectors.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
