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Parque Arauco-owned Marina Group buys mixed-use regional mall in Chile

Parque Arauco SA's 50%-owned Inmobiliaria Mall Vina Del Mar SA, or Marina Group, acquired a 36,500-square-meter mall and office tower in Chile for about $208 million.

The Mall del Centro Concepcion mixed-use regional mall on Barros Arana Avenue in the downtown district of Concepcion was previously owned by Ripley Group.