Unibail and ECE in fierce competition in Germany

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From January 1st 2020, URW will take over the management of 2 of the most successful malls in Germany, previously ran by ECE: Breuningerland in Sindelfingen and Breuningerland in Ludwigsburg. These malls, which will undergo a revamping of €150 million from 2021, belong to Breuninger (department stores). In early 2019, URW took over from ECE the Nordwest Zentrum centre in Frankfurt (94,500 sq.m GLA, 15.6 million visitors in 2018) and Leine-Center in Hannover (39,000 sq.m GLA).

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