Meinl EL signs contract for EUR 300m Russian shopping centre

By A staff reporter 2007-05-10T00:00:00+01:00

Austria-based Meinl European Land (MEL) has signed a contract to buy a EUR 300 mln shopping centre in the Moscow suburb Pushkino. The 250,000 m[sup]2[/sup] shopping centre, combined with an entertainment centre, is due for completion in 2009. Metro Group is expected to be an anchor tenant.

Austria-based Meinl European Land (MEL) has signed a contract to buy a EUR 300 mln shopping centre in the Moscow suburb Pushkino. The 250,000 m² shopping centre, combined with an entertainment centre, is due for completion in 2009. Metro Group is expected to be an anchor tenant.