The coalition lobbying for a single European real estate investment trust (EU-REIT) intends to lodge its proposal with the European Commission in Brussels in the next few months. Coalition chairman Joaquim Ribeiro, who is also finance director at Portuguese shopping centre specialist Sonae Sierra, told PropertyEU that the final touches are currently being made to the blueprint for a common European REIT regime.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
