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Patrizia buys Ringsted Outlet in Denmark for DKK 390 million

Patrizia has agreed the acquisition of Ringsted Outlet, Denmark’s only premium outlet village, through its flagship value-add fund TEP VII. The acquisition has been made in partnership with REALM. The outlet was acquired from CapMan and AGAT Ejendomme for DKK 390m (c. €52m).

The outlet is located...