PropertyEU

Pramerica snaps up two retail assets for EUR 40m

By A staff reporter 2011-04-07T00:00:00

Pramerica Real Estate Investors, part of US group Prudential Financial, has acquired two adjacent retail properties in Würzburg, in the northern tip of Bavaria, Germany for around EUR 40 mln. The acquisition was made on behalf of a spezialfonds of the group's German arm, TMW Pramerica Property Investment.

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