Publications

- April 1, 2011: Vol. 5, Number 4

To read this full article you need to be subscribed to Institutional Real Estate Europe

Orion Purchases Stake in Italian Shopping Centre

by

A subsidiary of Orion Income Return Partners, a pan-European core fund sponsored by Orion Capital Managers, has acquired a 50 percent stake in an Italian shopping centre from Foruminvest Italia. The acquisition price was in the region of €60 million. The property, Mongolfiera Molfetta, is located near Bari in southern Italy. The 35,000-square-metre shopping centre opened in March 2008 and includes a 10,000-square-metre IperCoop hypermarket and 2,750 parking spaces.

 

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy