Privately owned Quinn Group, led by Ireland's richest man Sean Quinn, has acquired the 12,000 m[sup]2[/sup] Avrora shopping centre project in the Russia city of Ufa. The financial details were not disclosed but real estate analysts in Moscow suggested to the Irish Independent newspaper than the asset would have cost in the region of EUR 106 mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
