MAB Development has been selected by the city council of Moers in Germany to develop the Königlichen Hof shopping centre. Some 100 million euros has been set aside for the project, which will see 15,000 m² of shops and between 5000 and 6000 m² of residences built in the city centre. Both will be supported by an underground car park for 1150 vehicles. Moers is located 40 km north of Düsseldorf.