Quintain Estates and Development has bought the 5.2 hectare Wembley Retail Park in London for EUR 122 mln, extending its ownership at Wembley to 34.4 hectares. The park, currently under redevelopment, was purchased from The Junction Ltd Partnership, a retail-park fund managed by Capital and Regional. Quintain said it will fund the acquisition from its existing corporate facilities.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
