Max Property Group, the UK real estate investment firm backed by entrepreneur Nick Leslau, said it has completed the acquisition of the Industrious portfolio from the receivers of the Industrious group for £227 mln (EUR 246 mln), including all acquisition costs. The purchase price is lower than stated earlier as Max Property simultaneously sold two properties in the portfolio for a net cash sum of £20 mln.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
