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TH Real Estate acquires 50% stake in Xanadú Shopping Centre in Madrid
TH Real Estate has agreed to enter into a 50:50 joint venture partnership with Intu Properties plc, acquiring a 50% stake in the Xanadú Shopping Centre in Madrid. The 50% stake, agreed at a net purchase price of €264.4m, is being acquired on behalf of TH Real Estate's pan-European investment…