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Greece’s City Gate Mall Seeks Creditor Protection, Imerisia Says

City Gate, an Australian-owned shopping center in Thessaloniki, northern Greece, filed for protection from creditors as it seeks to reorganize, Imerisia reported.

APN Property Group Ltd., which invested more than 80 million euros ($102 million) to build City Gate and has filled only 55 percent of the space, wants to sell the mall eventually, the newspaper said.

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