Portuguese retail specialist Sonae Sierra has confimed that it is in negotiations with German project manager HLG to buy an interest in the Hofgarten shopping centre project in Solingen, Germany. A Sonae Sierra spokesperson told PropertyEU that 'the negotiations have been very positive until now' but added that a final agreement has not yet been signed.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
