MGAM buys land plot for Essen mall development

By A staff reporter 2011-07-25T00:00:00

Metro Group Asset Management (MGAM) has announced the purchase of a 6.3 hectare plot of land in Essen, Germany, for a new 24,000-m[sup]2[/sup] shopping centre. The vendor is the German industrial conglomerate ThyssenKrupp. Financial details were not disclosed and the project is conditional on approval by the supervisory board of ...

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