Long-term institutional investors are buying property again and looking to conclude further deals, the majority of participants in the opening panel at this year's EXPO REAL declared on Monday. CEO Olivier Piani of Allianz Real Estate said the insurance giant is looking to increase its real estate allocation, currently at about 4%, and is working on a deal to acquire a Paris office property.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
