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Real Estate & Construction / 10 Oct 2011

Borenius advised Citycon in its acquisition of 50% of the shares in Espagalleria from Palace Kämp Group

We advised Citycon in its acquisition of 50% of the shares in Espagalleria (which manages the lease portfolio of the Kämp Galleria deluxe shopping centre in Helsinki, of which the remainder of the shares are owned by Ilmarinen) from Palace Kämp Group, and in its entry into a premises management agreement, covering the lease of the shopping centre, asset management, commercial management and marketing

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