Generali Creates New Retail JV with €500M to Invest in Shopping Centres

5 March 2019 – Eje Prime

Axis Retail Partners – that is the name of the new investment vehicle focusing on shopping centres that Generali has just launched. The insurance company holds a 51% stake in the company, which is going to invest €500 million in high-quality shopping centres across Europe.

The vehicle is expected to create its first fund, Generali Shopping Centres, during the second quarter of 2019, once the necessary approvals have been obtained. The fund’s expected annual return is 7%.

Original story: Eje Prime 

Translation: Carmel Drake

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