German shopping centre specialist Management für Immobilien is buying the Gera Arcaden shopping centre in Thüringen for EUR 107 mln. The vendor is WestFonds 4 Gera Arcaden KG, a fund managed by WestLB, the real estate arm of German bank WestLB.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
