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Sonae Sierra buys former Quelle HQ for €16.8m

Sonae Sierra has bought the vacant former headquarters of Quelle AG in Nuremberg, the German mail-order business which fell into insolvency in 2009, for €16.8m completing a hat-trick of connected acquisitions over the last two years.
By James Wallace
June 10, 2015 | 5:03 P.M.

The 250,000 sq m property is the second largest empty building in Germany, despite several attempts by the former Dutch owner to re-let the building.

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