French-Dutch property giant Unibail-Rodamco is seeking to build up mass in the retail property sector in Moscow by putting together a portfolio of 3-4 shopping centres in the city, CEO Guillaume Poitrinal told journalists in Paris on Wednesday. Noting that the property fundamentals are sound in the Russian capital, Guillaume said the company would open its first mall in Russia by the end of this year.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
