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Sycom Property Fund acquired 22.5% of the Stenham European Shopping Centre Fund.
The Stenham European Shopping Centre Fund has bought one of Europe’s largest shopping malls, Nova Eventis, for €362 million. This 96 000m² regional shopping mall is located near Leipzig airport in Germany, is fully let and boasts 215 stores. Approximately 60% of the tenants are fashion oriented stores such as Zara, SinnLeffers, Peak & Cloppenburg, Esprit, MEXX and C&A.
Nova Eventis Press Release
Date: 14 August 2007
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