Savills Investment Management (Savills IM), has acquired a portfolio of four urban supermarkets in Portugal on behalf of its European Food Retail strategy. This acquisition brings the total value of the portfolio to approximately EUR 470 million. Additional capital is available for future acquisitions, with a continued investment focus on key European markets, including Spain, Portugal, Italy, the UK, Ireland, Benelux and
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Cosmetics giant Estee Lauder Companies Inc is nearing a deal to buy US luxury fashion brand Tom Ford for about $2.8 billion, including debt, the Financial Times reported on Friday (Nov. 11), citing people familiar with the matter. Tom Ford, founded by the former longtime creative director for Italy’s Gucci, entered into exclusive negotiations with Estée Lauder this week and a deal could be announced
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