Columbia Threadneedle Real Estate, the real estate investment and asset management specialist of Columbia Threadneedle Investments, has been appointed as the new manager of the City Retail Europe Fund, which consists of 23 high-street assets across 11 countries.
The mandate will be managed by Columbia Threadneedle Real Estate’s team based in France, who, through its Best Value Europe franchise, owns and manages 29 high-street retail assets in nine countries across Europe. The addition of the City Retail Europe portfolio, valued in excess of €600 million, takes the team’s assets to over 50 high street properties and over €2 billion under management in high-street retail properties alone. Globally, this new mandate takes assets in the retail sector to over €6 billion.
Source: www.columbiathreadneedle.com on the 27th of September 2023