DIY Portfolio
Retail Portfolio Investment
A portfolio of 5 DIY retail units, totalling 50,504 sqm, fully let with a WALT of 9.5 years.
The group acting for the client sourced and acquired a portfolio of well-let retail assets in an undervalued sector, in order to benefit from a forecast market re-rating, driving interim geared income returns in excess of 10% and then managed the subsequent onward sale.
Key Figures
Location: Germany
Acquired: 2014/15
Size: 50,504 sqm
Use Class: Retail
Fair Value: €60-65m
Status: Sold