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PURetail Fund Buys French Retail Centre
Cushman & Wakefield Investors (CWI) and Scottish Widows Investment Partnership (SWIP) have acquired a shopping centre in Dijon, France, on behalf of the Pan-European Urban Retail Fund (PURetail), which is managed through a joint venture between CWI and SWIP.
The property, located at 51–57 rue de la Liberté, totals 4,100 square metres of retail space on four floors. The centre is 100 percent occupied by H&M, Sephora and The Phone House.