Monday, October 29, 2012

Union Investment acquires Manufaktura

The acquisition of the Manufaktura regional shopping centre, located in Łódź, Poland, by the Union Investment Real Estate AG for the open-ended fund Unilmmo: Deutschland will be completed on 31 October 2012. Worth € 390 m., this transaction will stand as the largest single retail asset deal so far this year. The sellers are the Euris / Rallye group and Apsys, who will continue to manage the shopping centre.Largest transaction of the yearApsys and the Euris/ Rallye Group have announced the acquisition of Manufaktura shopping centre by Union Investment, on October 31, 2012.

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