Immochan, the real estate arm of Auchan has divested an EUR 266 Million shopping malls portfolio from Italy to the investment fund Antirion Retail.
•    The current owner of the shopping center, Immochan's Gallerie Commerciali will maintain a minority stake in the ownership, providing property and leasing management services.
•    The portfolio includes shopping centers located in Mestre, Bussolengo and Mesagne, totalizing almost 60,000 square meters.