Enstar’s Magdeburg purchase

07 September 2007

Enstar Capital, the private investor syndicate run by property entrepreneurs Simon Lyons and Farid Alizadeh, has completed the purchase of a 31,855 sq ft retail park in Magdeburg, Germany, for €6.6m (£4.5m). The centre is anchored by German supermarket chain Plus and provides €238,170 (£161,000) in rent a year. This ...

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