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Savills IM sells The Outlet Stores Alicante for €34m to UBS fund

Savills Investment Management has sold The Outlet Stores Alicante for a total of €34 million to a fund managed by UBS. Initially having a gross leasable area of 35,000 sq m after the acquisition in 2014, The Outlet Stores has been refurbished increasing in size by 4,000 sq m after…