Grosvenor is continuing its strategy to expand in the French retail market with the acquisition of the Provence Opéra shopping gallery in the eigth and ninth arrondissement of Paris. The property, offering just over 2,000 m[sup]2[/sup] of space, was bought for EUR 23.5 mln on behalf of one of Grosvenor's OPCI vehicles. Main tenants are H&M, Body Shop, McDonald's, Phildar and Subway.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
