Allianz Real Estate has exchanged conditional contracts to acquire a 75% interest in Hammerson's Espace Saint Quentin shopping centre, Saint Quentin-en-Yvelines near Paris. Hammerson, a real estate investment trust in both the UK and France, said it will continue to manage the asset which will be held in a 75:25 joint venture.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
