Multi sells 35% interest in Forum Mersin for EUR 68m

Multi Corporation is selling its 35% interest in the Forum Mersin shopping centre in Turkey to Union Investment for EUR 68 mln, the Dutch developer said on Tuesday. The deal makes Union Investment the 100% owner of the mall, which opened in autumn 2007 and is the dominant retail destination in South East Turkey. The 35% stake will be added to the German investment manager's UniImmo: Global fund.

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