PropertyEU

Develica lifts German holdings to EUR 1.5 bn

By A staff reporter 2007-08-29T00:00:00

Develica Deutschland, the London-listed German real estate investor, has notarised contracts to acquire a mixed-use portfolio for EUR 45 mln, increasing the company's property assets to over EUR 1.15 bn. The latest transaction involves 12 properties in Central Germany with a floor area of 67,000 m[sup]2[/sup]. In a statement, the ...

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