IGD acquires Sicilian mall for nearly EUR 100m

Listed Italian property company IGD Siiq has completed the purchase of 100% of the Katane shopping centre in Gravina, eastern Sicily, for a total investment of EUR 98.4 mln. The centre, which opened in May 2009, consists of a 15,000 m[sup]2[/sup] mall with 70 shops, as well as a 8,000 m[sup]2[/sup] hypermarket.

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