MIPIM: SES Spar European Shopping Centres and Allianz Real Estate have launched a 50% joint venture for the ownership of a portfolio of seven malls in Austria, Slovenia and Italy.
The partnership will be effective in July.
SES said that it would keep managing the assets, which all have an Iperspar hyper-market.
“This transaction shows how quality investment products are always able to attract international investors, even in troubled times for the country [Italy],” said Davide Dalmiglio, Italy’s head of retail capital markets with Jones Lang LaSalle, who advised SES in the transaction.
Allianz RE’s chief investment officer, Charles Pridgeon, said that the firm considered SES as a “strong, long-term partner”.
MIPIM: SES Spar European Shopping Centres and Allianz Real Estate have launched a 50% joint venture for the ownership of a portfolio of seven malls in Austria, Slovenia and Italy. The partnership will be effective in July. SES said that it would keep managing the assets, which all have an Iperspar hyper-market.”This transaction shows how quality investment products are always able to attract international investors, even in troubled times for the country [Italy],” said Davide Dalmiglio, Italy’s head of retail capital markets with Jones Lang LaSalle, who advised SES in the transaction. Allianz RE’s chief investment officer, Charles Pridgeon, said that the firm considered SES as a “strong, long-term partner”.
