Property

Multi phase, mixed use retail & leisure scheme totalling 27,219m2 has been acquired by MHGP 14&20, a wholly owned subsidiary of Mansford Europe Fund I (Luxco)

Location

Prominent site in the town centre, adjacent to the Inter City rail station, 70km east of Dortmund, 50km south of Bielefeld in North Rhine-Westphalia

Year Built

Phase 1 in 2002, Phase 2 in 2008, Phase 3 & 4 in 2009.

Strategy

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

Number of Tenants

30

Activity

Retail & Leisure

Tenure

Freehold

Completion Date

10/1/2007 to June 2009