Property

Out of town retail portfolio of 15 Edeka Kondi food stores & 7 Cash & Carry have been acquired by MHGP 4, a wholly owned subsidiary of Mansford Europe Fund I (Luxco)

Location

The properties are well situated across five neighbouring federal states of North Bavaria, Thuringen, Saxony, Saxony-Anhalt and BrandenburgIn

Year Built

2003 to 2005 for Kondi Food Stores & 1992 to 2003 for Cash & Carry

Strategy

Value add arbitrage/portfolio building. Active & ongoing management to enhance value & potential development opportunities

Number of Tenants

1

Activity

Retail

Tenure

Freehold

Completion Date

29/12/2006