Orion Capital Managers has a good nose for timing. After being a significant vendor in the boom period of 2006-07, in May this year it snapped up the Plenilunio shopping centre in Madrid for a total of EUR 235 mln from Banif Immobiliare, the Santander-managed real estate fund.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
