Sign up for free newsletter

 

Two fingers

Mondial invests EUR21m in two more retail parks

Tue, 15/07/2014 - 16:02

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.


Subscribe to free daily newsletter
latestjobs
Lead C++ Software/Hardware Engineer

Fri, 27 Feb 2015 00:00:00 GMT

Private Equity Analyst

Fri, 27 Feb 2015 00:00:00 GMT

Full Stack Developer – Ruby on Rails

Fri, 27 Feb 2015 00:00:00 GMT

events
2 days 17 hours from now - Florida
5 days 17 hours from now - San Francisco
5 days 17 hours from now - London
specialreports