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Bradford AM invests €120 million in two years

© alesmunt / Adobe Stock
© alesmunt / Adobe Stock
Business Immo
April 29, 2024 | 2:30 P.M.

Translated from French.

Two years ago, Arnaud Rozé, Chairman of Bradford Asset Management, confided to us that he wanted "to be on the bridge of the boat at the right moment", "at a time when the sector is undergoing a revolution, when habits are changing". Today, the deals completed by his company - €120 million committed in two years - only serve to underline his initial ambitions. His most recent deal was the acquisition of the Champ-de-Mars gallery in Angoulême (approx. 15,000 m², 34 units occupied by Zara, H&M, Cosmopolite, Basic-Fit, Sephora and JD Sports, an esplanade and a 500-space parking lot) from Klépierre. Bradford AM acted here on behalf of its regulated Retail Park Capital Investment fund, dedicated to developments located in medium-sized towns in France - an OPCI capitalization fund approved by the Autorité des marchés financiers (AMF) in August 2021. Previously, this same vehicle had signed the Orange Les Vignes retail park (30,500 m²), from Commerz Real, for around €35 million, followed by the Avaricum shopping center (12,000 m²), in Bourges, owned by DWS, for around €30 million.

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