PropertyEU

Emmelunga sells five assets for EUR 50m

By A staff reporter 2008-01-09T00:00:00

Italy's furniture store chain Emmelunga has sold five of its stores in a sale-and-lease back deal with Mercurio Retail Properties for around EUR 50 mln. The stores, which are located in Italy's Tuscany and Lazio regions, represent the first acquisition made by Mercurio Retail Properties, a fund managed by CB ...

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