SEB Asset Management sells shopping centre in Japan
SEB Asset Management has sold the AEON Mall Chiba NEW TOWN in Chiba, Japan, to a Japanese company. Completed in 2007, the shopping centre was bought for SEB Asian Property Fund, the Luxembourg-based special real estate fund, in 2009. The selling price was the equivalent of approximately EUR 100 million, 12.6 per cent higher than the purchase price.
SEB Asset Management closes sales in Berlin – Grand Hyatt Potsdamer Platz, Maritim Hotel and Johannishof change hands
SEB Asset Management has sold three properties in Berlin for a total of about EUR 300 million for its open-ended real estate fund, SEB ImmoInvest. The transfer of ownership took place on payment of the purchase prices at the beginning of April 2013.