ING Retail Property Partnership Southern Europe Fund (RPPSE) has acquired Alcala Magna, a 34,000 m[sup]2[/sup] shopping centre in Madrid, for EUR 130 mln. The two-level urban shopping centre, previously owned by ING Real Estate’s Development division, has been fully let since its opening last October. It also boasts 1,200 car parking spaces, a Mercadona supermarket and VidBoys, one of Spain's leading children’s leisure operators.
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