PropertyEU

Germany's Mfi bags Gera Arcaden mall for EUR 107m

By A staff reporter 2011-12-02T00:00:00

German shopping centre specialist Management für Immobilien is buying the Gera Arcaden shopping centre in Thüringen for EUR 107 mln. The vendor is WestFonds 4 Gera Arcaden KG, a fund managed by WestLB, the real estate arm of German bank WestLB.

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