Management für Immobilien (Mfi), one of Germany’s leading shopping centre operators, has said it would be interested in taking over 20 of insolvent retail group Arcandor's 91 Karstadt department stores. In an interview with financial daily Handelsblatt, Mfi ceo Matthias Böning said he had identified 20 store locations which could be converted and that he would bid for them.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
