Retail Estates N.V. (ENXTBR:RET) acquired 56 retail properties in Netherlands for €91 million on June 25, 2019. Under the terms, Retail Estates paid €39.68 million in cash and will pay remaining €51.32 million either in common stock of Retail Estates or in cash. For remaining consideration sellers have right to select from cash or common stock before June 27, 2019. Initial payment of €39.68 million was financed through bank financing and if sellers elect for remaining consideration in cash then it will also be financed through bank financing. CBRE Group, Inc. acted as real estate advisor to ShoppingParks NV fund of Freeland Partners B.V. Houthoff Buruma Coöperatief U.A. acted as legal advisor to Freeland Partners B.V. and Van Doorne acted as legal advisor to Retail Estates N.V. (ENXTBR:RET). Retail Estates N.V. (ENXTBR:RET) completed the acquisition of 56 retail properties in Netherlands on June 25, 2019.