Wigan advises on listed fund’s portfolio acquisition

Arcona Property Fund N.V. and SPDI conclude agreement.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, has signed a formal agreement with Secure Property Development & Investments Ltd (SPDI) for the purchase of SPDI´s real estate holdings in Romania, Bulgaria and Ukraine. The purchase, which is structured in three phases, is expected to be completed before the end of the year.