UK REIT Hammerson has a made a recommended £3.4 bn (€3.86 bn) offer for an all-share takeover of its smaller peer intu, in a deal which would combine the two largest UK retail REITs to create a group with a £21 bn (€23.8 bn) pan-European portfolio.
UK REIT Hammerson has a made a recommended £3.4 bn (€3.86 bn) offer for an all-share takeover of its smaller peer intu, in a deal which would combine the two largest UK retail REITs to create a group with a £21 bn (€23.8 bn) pan-European portfolio.
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.