SEB buys Shopping Center Megalò in Chieti (IT)

SEB Immobilien-Investment GmbH has bought Shopping Center Megalò in Chieti from Sirecc Srl, a subsidiary company of the italian project developer Boldrin Costruzioni SpA, for its open real estate fund SEB ImmoInvest. With the acquisition, which is worth approx. €126mln, the real estate assets are now around €4.66 bln, divided over 116 objects in eleven countries.

The shopping center comprises 48,600 m² shopping space, with 110 shops over two floors. The top floor also offers Multiplex cinemas and restaurants. On the in total
130,000 m² large ground area 2,800 parking spaces are available. At this moment, 95 percent of the center is let to 102 companies.

Source: Immobilien Manager

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