Mfi gets financing for Leipzig shopping centre project

German developer Management fur Immobilien (mfi) has secured the financing for the development of the Hofe am Bruhl inner-city shopping centre. According to German media, the builder was able to get the financing for the EUR 200 mln project from Eurohypo after losing its joint development partner, Canada-based shopping centre group Ivanhoe Cambridge. The German company hopes to be able to start the development of the 28,000 m[sup]2[/sup] mall by the end of this year. The centre has already received planning approval from the Leipzig city council.

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