Independent real estate fund manager Europa Capital announced on Thursday that it has acquired the controlling interest in a 3.6-hectare site close to the centre of Presov, the third largest city in Slovakia, for the development of a 30,000 m[sup]2[/sup] shopping centre. The acquisition was carried out with ConvergenCE, Europa's partner in Hungary and Slovakia, on behalf of Europa Fund II. Europa said the site has the capacity for up to 50,000 m[sup]2[/sup] of development.
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