Greek property company Pasal Development said last week that it is withdrawing its Athen Heart shopping centre from the market due to 'difficult market conditions'. The company mandated Savills in December last year to divest a 50% interest in the mall, which is valued at nearly EUR 90 mln. Pasal Development was hoping to raise around EUR 45 mln from the disposal.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
