Amsterdam-based investment firm Eurocommercial Properties (ECP) said on Friday that it has opened a 12,000 m[sup]2[/sup] extension and refurbishment of the Centro Carosello retail scheme situated on the outskirts of Milan. The extension opened this week on schedule, fully leased and on budget, the company said in a statement. The centre is located in a strong retail zone opposite Ikea, Castorama and Decathlon on Milan's eastern ring road. The total cost of the extension and refurbishment amounts to approximately EUR 82 mln.
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