Savills Investment Management (Savills IM), UK-based real estate investment arm of rival Savills PLC., has purchased two properties in Aarhus, Denmark.
Savills IM paid approximately 32 million euros ($36.7 million) for the assets.
The company bought the assets, which are fully leased to six tenants, including Elgiganten, Silvan, Sport24, Carl's Junior, Sunset Boulevard and PetWorld, on behalf of its retail fund, Nordic III.
Nordic III, which aims for sustainable income and growth, has $573.2 million target size open to further investors.