Edeka Portfolio
Food Retail Investment
A portfolio of 23 supermarkets, food discounters and cash & carry assets totalling 72,210 sqm and fully let to a single-tenant, Edeka.
The group sourced and delivered the corporate sale and leaseback of the securely-let food retail assets, as a core income producing investment for the client. Generating 10%+ geared income returns, with the added benefit of a yield re-rate for the core portfolio of 9 assets in Berlin.
Key Figures
Location: Germany
Acquired: 2016
Size: 72,210 sqm
Use Class: Retail
Fair Value: €90-100m
Status: Sold