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Redevco acquires prime retail property in Madrid

Redevco has announced the acquisition of a retail property in Madrid's exclusive Salamanca district, at Calle Goya 47. The building has a surface area of approx. 2,300 sqm and has been under lease to Zara since 2005.

According to Javier Hortelano, Managing Director of Redevco in Spain, Portugal and Italy, "We are extremely pleased with the deal, since this acquisition is in line with our strategic goal of developing a portfolio of prime commercial real estate in Spain's leading cities."



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