Rodamco Europe has agreed to divest 'Zeilgalerie' shopping center in Frankfurt, Germany to Signature Capital, an Irish based real estate company, for EUR 42.5 mln. The selling price represents a net initial yield of 5.3% and is 'well above latest book value', Rodamco Europe said in a press release.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
