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WIESBADEN, GERMANY-MGPA has purchased 26 retail properties from Develica Deutschland Limited for an undisclosed price. CMS Hasche Sigle represented MGPA in the deal. MGPA Europe Fund III will manage the portfolio of properties situated in Bavaria, Baden-Wuertemberg and Hesse districts in western Germany. The total area of the portfolio is 1,374,551 square feet of which total net leasable area is 443,473 square feet.

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