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Stenprop sells Neucölln Carrée retail park in Berlin to Union Investment

Stenprop has exchanged contracts on the sale of its long leasehold interest in the Neucölln Carrée retail park in Berlin to Hamburg-based Union Investment, acting on behalf of one of its institutional property funds for €27.0 million. The disposal price reflects a €3.6 million premium to the 31 March 2020…[…]
Photos: CBRE