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: shopping center in Mering
Centerscape acquired a shopping center in Mering near Augsburg. The property is located in an established retail location along the road B2, which leads through town.
The property has a total rental area of approx. 3,422 sqm and generates over €300,000 of gross revenues. Anchor tenant is LIDL. Side tenants are AWG, a textile chain, and dm, a drugstore. The weighted average remaining lease length is approx. 9 years.
Centerscape continues its growth and currently owns 52 properties with more than €200m investment volume.