PropertyEU

CGG acquires Lisbon development

By A staff reporter 2007-03-08T00:00:00

Germany's Commerz Grundbesitz Group (CGG) has acquired the Montijo Retail Park development located in the Montijo quarter of Lisbon through its open-ended property fund hausInvest europa. The transaction value comes to about EUR 30 mln. The Montijo project will cover 17,700 m[sup]2[/sup] of retail space with 350 aboveground and 450 ...

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