Investment: Neighborhood shopping center in Landsberg

NEWS

Centerscape is a leading investor, developer, owner and manager of grocery-anchored neighborhood shopping centers, with a presence in every major market in Germany, Poland and the Czech Republic.

Investment: Neighborhood shopping center in Landsberg

Centerscape acquired a neighborhood shopping center in Landsberg. The property which was built in 2011/2012 is located in a residential area. Anchor tenant is NORMA, in addition, there are three side tenants. The weighted average remaining lease term is about 10 years. The property generates over €250,000 of gross revenues on approx. 1,950 sqm rental area.
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