On 26 June 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings AFET Poland SA (‘AFET’, Luxembourg) controlled by AXA Real Estate Investment Managers France (‘AXA REIM’, France), belonging to the AXA Group, and Apollo Real Estate Advisors (‘AREA’, US) and Rida Development Corporation (‘RDC’, US) via its joint venture Apollo-Rida Retail Centers sàrl (‘A-RRC’, Luxembourg) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of New Co 2 (‘New Co 2’, Luxembourg) by way of purchase of shares in a newly created company constituting a joint venture.
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