Unibail-Rodamco, Europe's largest shopping centre landlord, has announced it is acquiring Sydney-listed peer Westfield for $24 bn (€21 bn).
One of the largest international real estate deals ever, the merger of the European and Australian listed groups creates a global property leader with €61.1 bn of gross market value, located in 27 of the world's retail markets and cities in the US, UK and continental Europe.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
