Belgian real estate developer Liebrecht & Wood said on Friday that it has completed the sale of Poland's Fashion House outlet centre chain to the Polonia Property Fund II, managed by AIB PPM, a subsidiary of AIB Capital Markets. The transaction, which was first announced in September 2007, involved three retail outlets in the Polish cities of Gdansk, Warsaw and Sosnowiec, representing an investment of nearly EUR 100 mln. The financial details were not disclosed.
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