Generali Vie buys Chambery mall for EUR 52m

Generali Vie has bought the Halles de Chambery shopping centre project in France from developer Virgil for EUR 52 mln. The scheme will provide around 14,000 m[sup]2[/sup] of retail space on opening in the fourth quarter of 2011. Major retailers include Fnac, H&M et Monoprix. Halles de Chambery will also comprise a Pathe multiplex cinema, a restaurant and parking spaces for 283 cars, French newspaper Business Immo reported.

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