Stable International is to develop a 10,000-m[sup]2[/sup] factor outlet centre at Saksen near the German city of Leipzig. The project will involve an investment of about EUR 50 mln. Construction is scheduled to start in April 2011 with the opening planned in 2012.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
