PARIS—Orion European Real Estate Fund IV sponsored by Orion Capital Managers LLP has bought the 62,874 square-meter Domus Shopping Center on the eastern outskirts of Paris. The firm is said to have paid around $97 million (EURO 70 M).
The seller was KP Investments, a subsidiairy of Rabo Real Estate Group, according to a website of European Real Estate Publishers, Co.
Domus was completed in 2006 as a covered shopping center focused on home products and furnishings. It is anchored by both local and international home retailers.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
