Issue 2011 June 07th

This issue was created on 2011-06-07 12:00:00

  • German deals focus on Karstadt divestmentsJune 7, 2011
German consortium Highstreet has sold off two retail holdings from its portfolio of Karstadt real estate as it seeks to realise value from the department store group’s German stores. The move could signal Highstreet’s gradual retrenchment from its Karstadt position after its failed bid to take control of the company late last year.
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