Deutsche Konsum REIT-AG further expands portfolio Deutsche Konsum REIT-AG has further expanded its real estate portfolio through the acquisition of a retail park in Pritzwalk. The property provides rental space of approx. 15,000 sqm and generates an annual net rent of approx. EUR 1.4m. The retail park comprises several buildings, which amongst others are let to real.-, hagebau and Lidl. The purchase price for the acquisition totalled EUR 13.5m. The WALT on the property is 6.2 years and those of the anchor tenants 8.0. Additionally, the company is in promising exclusive talks to acquire a number of further assets. Please find further information at www.deutsche-konsum.de. End of Media Release Issuer: Deutsche Konsum REIT-AG Key word(s): Real estate 2016-10-10 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English | |
| Company: | Deutsche Konsum REIT-AG | |
| Försterweg 2 | ||
| 14482 Potsdam | ||
| Germany | ||
| Phone: | +49 (0)331 740076510 | |
| E-mail: | wr@obocap.com | |
| Internet: | www.deutsche-konsum.de | |
| ISIN: | DE000A14KRD3 | |
| WKN: | A14KRD | |
| Listed: | Regulated Market in Berlin; Regulated Unofficial Market in Tradegate Exchange; Open Market in Frankfurt | |
| End of News | DGAP Media |