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Announced

A consortium of investors to acquire Motorama Ladenstadt.

Synopsis

A consortium of investors including ACCUMULATA, Angelo Gordon, Schmülling Beteiligung and L-REA, agreed to acquire Motorama Ladenstadt, a shopping centre. Financial terms were not disclosed. "Due to the targeted configuration of the joint venture, our team not only has a high level of local expertise, but also interdisciplinary specialists. This equips us perfectly for the upcoming repositioning," Kord Schmülling, Schmülling Beteiligung Managing Director.

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