Aberdeen Asset Management has announced the acquisition by one of its funds of a newly built retail park in Olen, 35 kilometres east of Antwerp in Belgium. Olen Shopping Park was acquired by Aberdeen European Balanced Property Fund from VLaeco, a joint venture between Belgian construction companies Cordeel and Aertssen.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
