Corestate Capital has acquired 18 single and well located retail properties in prime locations in pedestrian zones of Germanys mid-sized cities such as Göttingen, Kaiserslautern, Lörrach or Lüneburg. The properties comprise more than 7,000 sqm. Major tenants are inter alia C&A, depot, dm, H&M and s.Oliver. Thomas Landschreiber, Chief Investment Officer of Corestate: “We have now closed six portfolios in our High Street retail strategy, bringing the overall investment volume to over €1bn. The portfolio represents around 110 acquired properties with strong rental covenants. We see high potential in this market and will continue to pursue this strategy.”
