The shopping centre industry in Central and Eastern Europe is on the brink of a new era, according to Guillaume Poitrinal, CEO of Europe's largest listed property company Unibail-Rodamco. 'The investment-only phase is finished,' he said at the kick-off of a two-day conference programme at the Mapic retail fair in Cannes on Wednesday. 'The new era is all about operations and development.'
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
