Key Takeaways
- • TwentyTwo has confirmed the sale of Chasse Sud, a retail park in Lyon, France, to Hines for roughly €100m, according to Green Street News dated 16 October 2026.
- • The Chasse Sud asset spans 52,400 sq m, per the primary report.
- • Publisher context indicates TwentyTwo Real Estate had earlier acquired Chasse Sud from Eurocommercial Properties for €80m, which suggests a value uplift of about €20m on resale.
- • The deal extends Hines' European retail park activity, which the publisher context ties to its wider UK retail park strategy.
Summary
TwentyTwo has confirmed the sale of Chasse Sud, a retail park in Lyon, France, to global investment manager Hines for approximately €100m, according to a Green Street News report published on 16 October 2026. The asset spans 52,400 sq m, per the report. The full article is available only to subscribers, so the details below draw on the publisher's headline context and related coverage in its archive.
Publisher context indicates that TwentyTwo Real Estate had acquired Chasse Sud from Eurocommercial Properties for €80m before this sale. If accurate, the disposal at roughly €100m would represent a gross uplift of around €20m on the earlier purchase price. Earlier archive coverage described Hines as the frontrunner for the asset, and reported that the transaction would be among its larger recent European retail acquisitions.
The transaction sits within a broader pattern of Hines activity in European retail parks. The publisher's related coverage reports that Hines has been in advanced negotiations for two retail parks in Portugal and France with a combined value of around €200m, and has separately expanded its UK retail park portfolio with three fully leased assets totalling about 438,000 sq ft across Greater London, Manchester and Edinburgh. The UK acquisitions were described as benefiting from large commuter catchments, limited competing retail park supply and attractive rental growth prospects.
The primary report does not provide further detail on financing, yield, occupancy or the identity of the seller's advisers in the portion available to non-subscribers. Readers requiring those specifics should consult the full Green Street News report.
Publisher context indicates that TwentyTwo Real Estate had acquired Chasse Sud from Eurocommercial Properties for €80m before this sale. If accurate, the disposal at roughly €100m would represent a gross uplift of around €20m on the earlier purchase price. Earlier archive coverage described Hines as the frontrunner for the asset, and reported that the transaction would be among its larger recent European retail acquisitions.
The transaction sits within a broader pattern of Hines activity in European retail parks. The publisher's related coverage reports that Hines has been in advanced negotiations for two retail parks in Portugal and France with a combined value of around €200m, and has separately expanded its UK retail park portfolio with three fully leased assets totalling about 438,000 sq ft across Greater London, Manchester and Edinburgh. The UK acquisitions were described as benefiting from large commuter catchments, limited competing retail park supply and attractive rental growth prospects.
The primary report does not provide further detail on financing, yield, occupancy or the identity of the seller's advisers in the portion available to non-subscribers. Readers requiring those specifics should consult the full Green Street News report.
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