German investor Degi has completed the acquisition of the Iris shopping cente located in Tital, Romania, for EUR140 mln. Broker CBRE Eurisko acted for the buyer. This is the second transaction that Degi, the investment division of the German group Allianz, has completed in the Romanian market recently, following a EUR110 mln acquisition of three office buildings from the British portfolio of Charlemagne Capital in 2007, also under the guidance of Eurisko.
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