UBS Real Estate, acting on behalf of its fund UBS (D) 3 Kontinente Immobilien, has acquired Ribera del Xúquer shopping centre located in Carcaixent, Valencia, from Grupo Lar and Eroski. The scheme comprises a 22,000 m[sup]2[/sup] of retail gallery and a 12,476-m[sup]2[/sup] Eroski hypermarket and petrol station. The fund has purchased only the retail gallery, which is anchored by Zara, H&M, C&A, Cortefiel, Stradivarius, Pull & Bear, Oysho, Massimo Dutti, Springfield, Blanco, Burger King and Gino's. Eroski will keep the ownership of the hypermarket and the petrol station.
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