Gazit Globe acquires Dusseldorf commercial centre

Israeli Gazit-Globe has bought a 10.000 m[sup]2[/sup] commercial centre in Düsseldorf, Germany, for EUR 20 mln. The acquisition 'is in line with our strategy of establishing a leading business platform in Germany with a focus on urban areas,' Gazit-Globe Europe's president Amir Gal said in a statement. 'This acquisition marks our first footprint in the North Rhine-Westphalia region. We intend to expand our business further by acquiring and developing quality, well-located assets anchored by strong national tenants,' he added.

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