Announced
Completed
Financials
Tags
Majority
Single Bidder
United States
Completed
shopping centers
Acquisition
Friendly
Domestic
Private
Apparel Retailers
Synopsis
ALTO Real Estate Funds, a real estate investment manager, completed the acquisition of the two shopping centers Conyers Plaza and Craig Crossing for $51m. "We are excited with the latest acquisitions by ALTO Fund 3 which are in line with the funds strategy to invest in open-air shopping centers in fast-growing territories in the US. We are confident that the new acquisitions will be a great addition to the ALTO Fund 3 portfolio and will yield attractive returns and cash flows to our investors," Mody Kidon and Yaniv Melamud, ALTO Co-Founder and Chairman and Co-Founder and CEO.
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