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Allianz to acquire 75% of E235m French mall
The Allianz shopping spree continues - with another shopping mall. The Munich-based insurance giant has signed a deal to acquire 75% of a retail centre in the French department of Yvelines west of Paris from British REIT Hammerson. Espace Saint-Quentin is valued in total at E235m; Hammerson will keep the remaining stake. (See upcoming PIE Editions for full story)