Deltager and Credit Agricole Sud Rhône Alpes agreed to acquire Les Trois Dauphins in Grenoble from Eurocommercial Properties N.V..

Deltager and Credit Agricole Sud Rhône Alpes agreed to acquire Les Trois Dauphins in Grenoble from Eurocommercial Properties N.V. (ENXTAM:ECMPA) on December 17, 2020. Combined consideration of both the transactions is €55.3 million. In a related transaction, Serena Properties AB acquired Bronsen retail park located on the E4 motorway outside Norrköping in Sweden from Eurocommercial Properties N.V. on December 17, 2020.

The transaction is expected to close at the end of the first quarter of 2021.