PropertyEU

Mandarine makes acquisition in European expansion drive

By A staff reporter 2007-03-29T00:00:00

Mandarine Group, a Paris-listed property company, has acquired the Luxembourg-registered real estate company Mandalux for about EUR 111 mln. Mandalux's capital consists of 4 million shares in companies active in Morocco and Switzerland. The French company will focus on building, marketing and managing of developments in these two countries. The ...

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