Two fingers

Mondial invests EUR21m in two more retail parks

Munich-based Mondial Kapitalanlagegesellschaft has acquired another two retail warehouse parks for a combined total of approximately EUR21 million.

One of the retail warehouse parks is located between Karlsruhe and Stuttgart in Baden-Wuerttemberg. It has a lettable area of more than 3,000 sq m and will be completed by early 2016. Anchor tenant Edeka, a German food market multiple, already signed a lease contract over a 15-year term. Other occupiers will include drugstore multiple Rossmann.
 
The other retail warehouse park is located just outside Cologne in North Rhine-Westphalia. Raised in 2007, the property has a lettable area of more than 8,000 sq m. It is anchored by REWE supermarket with a 15-year lease. Other retailers include, without being limited to, dm, Takko, TEDI, and Ernsting's Family.

Further reading



Upcoming events

4 weeks 6 days from now - Hong Kong
4 weeks 6 days from now - Ulaanbaatar
5 weeks 5 hours from now - Dublin
5 weeks 5 days from now - California
5 weeks 5 days from now - California

Upcoming training

Sun, 24/08/2014 (All day) - Dubai
Wed, 10/09/2014 (All day) - London
Mon, 29/09/2014 (All day) - London