Announced
Completed
Synopsis
Realty Income Corporation, a real estate investment trust that focuses on acquiring and managing freestanding commercial properties leased to tenants under long-term net lease agreements, completed the acquisition of Eight Retail Parks from Oaktree Capital Management, a global investment firm emphasizing a value-oriented and risk-controlled approach to deliver superior returns, for €220m. "The sale of this portfolio is a testament to the value of a strategic, hands-on approach to asset management in collaboration with Oaktree’s wider professional team. We are excited about the future opportunities that lie ahead for Sigma and indeed the retail sector as a whole in Ireland,” Marcus Wren, Sigma Retail Partners Co-Founder and Managing Director.
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