PREF, a partnership between British Land and Doric Properties, has completed the purchase of two European retail schemes for about EUR 135mln. In a statement, PREF said it has acquired Santarem Retail Park, a 28,253-m[sup]2[/sup] retail scheme in the central region of Portugal, for EUR 35mln from owner and developer Teilnahme. PREF has also completed the purchase of Terminal Nord Retail Park, a 32,304-m[sup]2[/sup] retail warehouse scheme in Udine, Northern Italy, for EUR100mln from developers Opit.
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