Find in the news:
BY COUNTRY

INTERNOS acquires two German retail parks



INTERNOS Global Investors Limited has just announced the acquisition of two retail parks.

The cost is rumored to be in the area of €15.9 million. BGP Investments confirmed the sale of its Rottenburg and Moosburg German industrial parks to INTERNOS. These two purchases are the first for the ‘Novapierre Allemagne’ fund. This is a joint venture of INTERNOS and PAREF Gestion. It is the first SCPI-structured fund to invest French capital in German retail parks. 

The Novapierre Allemagne Fund has a clear mandate to invest in the west of Germany and in micro-locations where there exist strong underlying catchment areas. Acquisitions are typically focused on retail parks with four to six units rented to familiar national retailers. The Novapierre Allemagne Fund  is aiming at an overall investment in excess of €200 million. Those with long leases in the two recently acquired retail parks are Kaufland in Moosburg and Rewe & Lidl at Rottenburg. 

Guillaume Masset, Head of Benelux and Southern Europe, when asked to comment on the recent acquisitions stated that he thinks the relatively strong German economy is tempting for investors intent on creating a high return on investments in retail parks—especially those situated in high performing areas like Rottenburg and Moosburg. He indicated that his company would also be looking for such real estate investment opportunities during the next four years.

The Novapierre Allemagne Fund is a Paris Realty SA creation. This real estate investment fund has a mandate to operate within the German commercial real estate sector. Novapierre Allemagne has partnered with Internos Global Investors in charge of the selection and management of assets. Novapierre Allemagne intends to have 100 million euros capital by 2018. The Novapierre Allemagne Fund is earmarked for both institutional and private investors. The goal is a six-percent-per-year return on investment. 




More about shopping malls in Germany



YESTERDAY, China:
A Chinese holiday in which people travel abroad brought shoppers to The Dubai Mall.
DAY BEFORE YESTERDAY, United Kingdom:
The retailer announced the cessation of operating activities in three markets at once.
Oct 16, 2018:
Sears plans to close by the end of the year 142 retail properties in addition to the previously closed 46.
Oct 5, 2018, USA:
Fashion retailer set to open at four properties, further diversifying their mix of offerings and bringing new concepts.
Oct 1, 2018, USA:
There is a new pop-up store to be opened to the public inside City Point Shopping Complex.
Sep 27, 2018, Sweden:
Mölndal Galleria opens today and it's the first new shopping center in the Greater Gothenburg in over 12 years.
Friend
and Follow
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us