On Tuesday, Simon Property Group announced a €750 mln 3-year unsecured bond issuance exchangeable into existing ordinary shares in Klépierre, the second largest shopping centre owner in Europe with around €17 bn of assets.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
