PropertyEU

VastNed acquires EUR 55 mln retail park

By A staff reporter 2006-12-15T00:00:00

Vastned Retail has acquired a retail development in the southern Dutch city of Roermond for EUR 55.2 mln. Work has just begun on the complex and when completed in the 2008 it will comprise 36,200 m[sup]2[/sup] plus parking for 1,250 vehicles. The gross average rent will be about EUR 105 ...

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