Germany's open-ended property investment funds (GOEFs) sold 105 assets in the 12 months to end-June, more than double the 48 disposals recorded in the year-earlier period, according to new figures from fund industry body BVI. A significant portion of the disposals were in Germany, where 65 properties were sold for a total EUR 1.4 bn. Outside Germany, the funds shed assets worth EUR 1.8 bn.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
