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City of Leverkusen buys former Kaufhof site from Branicks

Branicks Group AG sells the former Kaufhof property in Leverkusen. The new owner is Stadtteilentwicklungs- und Projektgesellschaft Leverkusen mbH, which is said to have paid around €12 million for the retail property. With the purchase, the city wants to push ahead with the conversion to make the city center more…