PropertyEU

Deutsche EuroShop takes majority stake in City-Point Kassel

By A staff reporter 2009-01-07T00:00:00

Deutsche EuroShop has taken a majority stake in City-Point Kassel mall in Germany. The MDAX-listed shopping centre firm increased its shareholding in the asset from 40% to 90% by acquiring shares from Arcandor, the investment company that owns the majority of the German department stores operated by Karstadt. The investment ...

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