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Redevco acquires €75 million German retail park from Patrizia

Redevco’s European Retail Parks fund has acquired the Elisen Park retail park in Greifswald, Germany, from Patrizia for approximately €75 million. The asset comprises a total lettable area of around 45,000 square metres. It is fully let to tenants including Real, MediaMarkt, and OBI. The transaction marks the property's first sale since its initial development.

Source: realassets.ipe.com on the 09th of October

https://realassets.ipe.com/news/redevco-acquires-75m-german-retail-park-from-patrizia/10138855.article