Multi targets mid-sized towns in Germany

Multi Development is targeting more mid-sized cities in Germany for new retail projects, Herman Kok, international research director, told journalists at the opening of the company's new Arneken Galerie in Hildesheim on Thursday. The company already has five projects under development in the largest market in Continental Europe and is working on a couple more, he added. 'Germany has about 70-80 mid-sized cities like Hildesheim with populations of between 80,000 and 150,000. There are lots of opportunities.'

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