Union Investment has acquired the Saint Martial shopping centre in Limoges from Unibail-Rodamco for EUR 99 mln, marking the German fund manager's entry into the French shopping centre market. The property, which comprises around 15,000 m2, has been added to the UniImmo: Europa open-ended fund, which now has nearly 30% of its assets invested in the retail sector.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
