Resolution is due to pump €1bn into assets across Europe over the next two years, with focus on Poland, Germany, the Netherlands and the UK.This acquisition plan is being funded by investors from family offices to global institutions based in Europe, the Middle East and the US.
Resolution Property’s latest acquisition is that of the Designer Outlet Soltau, located between Hanover, Bremen and Hamburg in Germany. The outlet was completed during 2012 and offers visitors in excess of 100 top German and international designer brands.
The company is due to target mixed-use city center projects, outlet center in large European cities and shopping center, over the next 24 months. It also plans to focus on residential and office opportunities within London and other major cities in Britain, drawing on their experience in the creation of inspirational workspaces and lifestyle destinations.
The chief executive of Resolution Property, Robert Laurence, said they have already made great strides in adding value to their latest Fund portfolio. This is their fourth investment and adds to their existing portfolio which includes the Great Northern Warehouse, Poznan City Center and Department W. It strengthens and diversifies their asset portfolio. The investor is planning to invest in carefully selected stock.
30 OCTOBER 2014, Poland