(Bloomberg) -- Macquarie CountryWide Trust, an Australian real estate investment trust, agreed to buy shopping centers in Germany and Poland for 351 million euros ($477 million) in its first foray into Europe.
The purchases will be funded by debt, and about A$160 million ($134 million) in stock sales to institutional and existing investors, the Sydney-based company said in a statement today. The deal includes five malls in Poland and two in Germany.
Read more at Bloomberg Currencies News
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