PropertyEU

Italy's IGD buys remaining 10% of Romanian mall operator

By A staff reporter 2010-04-19T00:00:00

Italy's Immobiliare Grande Distribuzione SIIQ (IGD SIIQ) has signed a preliminary agreement to buy the remaining 10% it did not own in Romanian shopping centre investor-operator Winmark Magazine. The acquisition was carried out through IGD's Immobiliare Larice unit and is expected to be completed before the end of the month.

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