Finland — TH Real Estate has agreed to acquire a 50 percent stake in the Kamppi Centre, a prime shopping centre located in Helsinki, Finland from Barings Real Estate Advisers, acting on behalf of the Nordic Retail Fund, thereby creating a 50:50 joint venture partnership between Allianz and TH Real Estate. The 50 percent stake, which values the centre at over EUR 500M, is to be acquired on behalf of TH Real Estate’s flagship pan-European investment vehicle, the European Cities Fund, which was launched in 2016.