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13 February 2012

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Unibail-Rodamco cautious on German activities, says too early to enter Russia

French-Dutch retail mall, office and conference centre REIT Unibail-Rodamco continues to look for `critical mass' in capital cities around Europe, but it is unenthusiastic about Germany and sees Russia as not yet ready, says co-CEO Peter Rossum. "We look for exposure in capital cities," Rossum told PFE. "We like cities where we already have a presence because it works in terms of critical mass..."

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