Nordic shopping centre investor Citycon has potential to double its portfolio in the next four to five years, according to Chaim Katzman, chairman of the Citycon Board of Directors and Citycon's major shareholder Gazit-Globe. Currently Helsinki-based Citycon has a portfolio comprising 33 shopping centres and 49 other retail properties with a fair value totalling EUR 2.2 bn.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
