Deutsche Asset Management acquisition of Fashion House Outlets portfolio

3/7/2017
Real estate acquisition

Announced

3/7/2017


Overview:

  • Deutsche Asset Management has acquired parts of the Fashion House Outlets portfolio from Peakside Capital.
  • The portfolio consists of over 50,000 square metres of retail space with more than 210 tenants.
  • PRÔM, a joint venture between Peakside Capital and ROS Retail Outlet Shopping, was appointed by Deutsche Asset Management as portfolio centre and asset manager.
  • Deutsche Asset Management holds €51 billion in assets and the acquisition will bring its total assets under management in Poland to €1.65 billion.

Katrin Kostadinova - Data analyst

Jurisdiction:

Poland

Deal type:

Real estate acquisition

Practice area:

Real estate acquisitions

Governing law:

Poland

Industry sector:

Real estate


Firms:

Party: Deutsche Asset Management (Acquirer)


Party: Peakside Capital (Seller)