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6 February 2012

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Eurocommercial rights issue finances new malls

Following its decision to start a shopping centre at Växjö in Sweden at a cost of e40m, listed Dutch retail mall developer Eurocommercial Properties has acquired two malls - in Emilia Romagna, Italy, and in the greater Paris region in France - for a price of e100m and combined net initial yield of about 6.5%.

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