PropertyEU

Chagala to develop malls in Kazakhstan

By A staff reporter 2007-04-10T00:00:00

Kazakh real estate company Chagala Group has signed an agreement with Zere, another local firm, to develop and operate a number of shopping centres across the country. Under the plan, Chagala will take a 50.1% interest in Zere's subsidiary Zere Malls, which will be renamed Chagala Zere Malls (CZM).

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