PropertyEU

Allianz RE in talks to buy 50% of Budapest mall

By A staff reporter 2009-12-02T00:00:00

Germany's Allianz Real Estate is in talks with ING Real Estate Development to take a 50% stake in the EUR 200 mln Allee shopping centre in central Budapest. Industry sources told PropertyEU that ING RED, advised by Cushman & Wakefield, is planning to sell half of the property, which opened ...

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