Issue 2011 October 19th

This issue was created on 2011-10-19 07:00:00

  • Karstadt property owner divests more storesOctober 19, 2011
The owner of German department store Karstadt’s real estate portfolio has sold another three properties as the consortium continues to realise value out of the portfolio. The latest sale comes as Karstadt invests in new store formats and looks to rationalise its product offer and logistics processes in a bid to turn round the ailing business.
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