Hamburg-based Union Investment Real Estate has acquired the Manufaktura shopping centre in Lodz in one of the largest shopping centre transactions of the year. The seller is a property company belonging to French companies Fonciere Euris and Rallye and project developer Apsys, who will continue to manage the shopping centre. Financial details were not disclosed.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
