Pension fund ABP pension fund by pension provider APG, owner of VIA Outlets, which also in Batavia is part of it. ASSOCIATED to pay a little more than 300 million euros for half of the stocks THROUGH retail Outlets, and the other half that they had in the property.
THROUGH retail Outlets in nine European countries and a total of eleven outletscenters, with more than eleven hundred stores. "We think it's a good time to get on board," says a spokesman for APG, on Friday. "The consumer still wishes to go to retail outlets, or perhaps because of it, now."
as to The fair market value of the outletcenters in Portugal, Spain, and Norway is, according to APG, more than 1.5 billion euros. The pension providers could be the interest of a discount to buy it.
the APG will invest money from the pension fund, ABP, to get more out of it. Besides, in the stocks in the so-called real assets under management. "Such as roads, office buildings, homes, and shopping centers," explained the spokesperson admitted.
The pensioenbelegger purchase of the shares BY Outlets from Hammerson, which, in turn, is a Uk-listed property owner's. "We also have an equity stake of 20% in Hammerson." The property owner has made this week the new shares to be issued, and the importance of USING retail Outlets to sell them.
the APG will buy new shares in Hammerson's interests to preserve, and thus in the amount of 120 million euros.
After obtaining the approval of the other shareholders and the authorities will come to Batavia Stad Fashion Outlet, nearly two years after the opening in the hands.