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A Consortium led by Grosvenor Fund Management (GFM) comprising GFM, Bouwinvest REIM, on behalf of bpfBOUW, the Dutch pension fund for the construction workers industry, and a major North American institutional investor, has agreed to acquire Burlöv shopping centre
near Malmö, from Eurocommercial Properties N.V.
The 42,000m² shopping centre has a strong tenant base with more than 70 retailers such as Coop Forum, Stadium, Systembolaget and Clas Ohlson.
Located in one of the strongest growing regions in Sweden, the new acquisition complements the three Stockholm region shopping centres that GFM acquired from Unibail Rodamco on behalf of the Consortium in 2011, and confirms the Consortium’s long term commitment to the Swedish property market.
The acquisition will be completed in November and means that the Consortium’s portfolio now comprises seven retail assets across France and Sweden.
Jones Lang LaSalle, Cederquist, KPMG and Sweco advised GFM on the acquisition.
Fonte: CS della Società
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