Union Investment Real Estate has added another Italian property to its EUR 4.5 bn international retail portfolio. The Hamburg-based property fund manager has acquired the 9,830 m[sup]2[/sup] retail gallery of the Casal Bertone shopping centre in Rome for around EUR 48 mln from Italian project developer Immobiliare Europea.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
