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Arax Properties sells two German shopping centres

Arax Properties and Partners Group have sold the Seidnitz Center in Dresden’s Seidnitz district and the Allee-Center in Berlin’s Hohenschonhausen district to Deka Immobilien, on behalf of the WestInvest TargetSelect Shopping fund for an undisclosed sum. At the beginning of the month, the investment company announced that it had successfully…

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Photos: Savills