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Union Investment sells Les Grands Prés shopping center in Belgium for about EUR 265 million

By Public Technologies
  • Union Investment sold Les Grands Prés shopping center in Mons, Belgium, to Eurocommercial Properties for about EUR 265 million.
  • The sale covers 100% of the shares, with closing expected November 4, 2026; Belgium’s largest shopping-center transaction since 2018.
  • The nearly fully leased property has about 100 stores across 26,900 square meters.
  • Acquired in 2004 for about EUR 109 million, the center was held in the UniImmo: Europa open-ended real estate fund.
  • A modernization and expansion between 2014 and 2016 cost about EUR 70 million, adding 8,200 square meters of retail space.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Union Investment Real Estate GmbH published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

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