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NAP describes the project as “a national example of next-generation, mixed-use development, placing 'heart share over market share' in creating New Jersey's next hometown.”
SIGNA Prime Holding is acquiring RFR's 50% share of the Karstadt at the Munich Main Train Station project, along with four other assets in Germany's largest cities.
Expanding Sylvan | Thirty across the street will help facilitate a walkable community, where patrons can park in one spot and easily travel between the shops, amid a community-oriented Main Street feel.
The takeover would create one of the world's largest listed real estate companies with an ownership interest in nearly $100 billion of assets worldwide, Brookfield Property Partners said Monday.