MANNHEIM, GERMANY-Union Investment has bought the Europa-Galerie retail center in Saarbrucken on behalf of its fund UniInstitutional European Real Estate. Credit Suisse Asset Management Immobilien Kapitalanlagegesellschaft was the seller.
The shopping center, built in 1991 and renovated in 2010, offers 269,097 square feet of retail space. The Europa-Galerie is leased to majore tenants, including REWE, H&M and Saturn. Latham & Watkins advised Union Investment on the transaction. For the full story, go to Europe Real Estate .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
