Riqualificazione Grande Distribuzione (RGD), a 50-50 retail JV between Italian property companies Beni Stabili and IGD, has bought the shopping gallery in the Le Fornaci shopping centre at Beinasco, in Turin, northern Italy, for around EUR 18mln. RGD has also signed a preliminary agreement to purchase another 2,000 m[sup]2[/sup] of space in the centre by the end of 2008. The shopping gallery provides 4,700m[sup]2[/sup] of retail space within the Le Fornaci mall, which is located in the Beinasco retail park in the southern outskirts of Turin. The retail park also includes a Brico store, a nine-screen Multiplex cinema, a McDonald's, a service station, and a Megashopping centre linked to the mall by a pedestrian walkway.
Riqualificazione Grande Distribuzione (RGD), a 50-50 retail JV between Italian property companies Beni Stabili and IGD, has bought the shopping gallery in the Le Fornaci shopping centre at Beinasco, in Turin, northern Italy, for around EUR 18mln. RGD has also signed a preliminary agreement to purchase another 2,000 m2 of space in the centre by the end of 2008. The shopping gallery provides 4,700m2 of retail space within the Le Fornaci mall, which is located in the Beinasco retail park in the southern outskirts of Turin. The retail park also includes a Brico store, a nine-screen Multiplex cinema, a McDonald's, a service station, and a Megashopping centre linked to the mall by a pedestrian walkway.