Sonae Sierra and Foncière Euris' joint EUR 200 mln shopping centre project in Weiterstade near Frankfurt is to get an 'aviation' theme with 'flight pioneer areas' and a 'jet age' mall. The LOOP5 project, which will open in spring 2009, will have 170 shops over four floors with a gross lettable area of 56,000 m[sup]2[/sup].
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
