Sign up for free newsletter

 

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.

events
6 weeks 2 days from now - New York
7 weeks 2 days from now - Hong Kong
7 weeks 2 days from now - Los Angeles
8 weeks 12 hours from now - Monte Carlo
8 weeks 12 hours from now - New York
listingsdirectory
Eden Rock Capital Management
Wed, 15/06/2016 - 17:30
UBS Global Asset Management
Fri, 06/05/2016 - 14:19
RFA (Richard Fleischman & Associates)
Tue, 05/04/2016 - 14:25
training
Wed, 21/09/2016   - London
Wed, 28/09/2016   - London
Thu, 29/09/2016   - London
specialreports
other gfm publications