CMC expands in Berlin

CMC Capital is to invest €10 million in a 10,000 square metre extension of the A10 shopping centre in Berlin.

26th January, 2008

CMC Capital is to invest €10 million in a 10,000 square metre extension of the A10 shopping centre in Berlin.

The Irish property syndication company, which specialises in investments in Germany, bought the centre last year with a British partner. The joint venture is targeting high-end fashion retailers, and leases have already been signed for 70 per cent of the new space.

The centre, on Berlin’s A10 ring road, is the busiest shopping mall in Germany, according...

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