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Principal acquires 11,800 sqm retail warehouse centre near Dusseldorf

SCPI Novapierre Allemagne fund, advised by investment manager Principal Real Estate Europe and managed by asset manager PAREF Gestion, has acquired a retail warehouse and local shopping centre in the town of Velbert, North Rhine-Westphalia. Price has not been disclosed. The complex of several buildi[…]
Photos: JLL