The first phase of ING Real Estate's City Square mixed-use scheme in the Belgian city of Genk opened last week. The City Square project is a public-private partnership covering a large-scale reconstruction of the city centre. The first phase includes 19 retail units that are fully leased to a mix of international brands, including C&A, Mexx and The Body Shop.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
