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Rockspring TEP VI acquires shopping centre in Magdeburg for €117 million

Rockspring Property Investment Managers LLP on behalf of TransEuropean Property Limited Partnership VI (TEP VI) has acquired the Flora Park shopping centre in Magdeburg, which is c.150km west of Berlin, for €117 million from Chenavari in an off-market transaction. One of the largest shopping centres in the state of Saxony-Anhalt,…

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