PropertyEU

SHB acquires German retail portfolio for EUR 80m

By A staff reporter 2008-09-09T00:00:00

SHB Gruppe, a property company based near Munich, has acquired a portfolio of 18 retail assets in the German states of Bavaria and Baden-Wurttemberg for EUR 80 mln. SHB said the portfolio, comprises 44,000 m[sup]2[/sup] of gross lettable area, was sold by a well-known development company. Some of the properties ...

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