Investment: Neighborhood shopping center near Hannover

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 near Hannover

Centerscape acquired a grocery-anchored property in Burgdorf near Hannover. The property has a total rental area of approx. 3,795 sqm and generates around €474,000 of gross revenues. Anchor tenant is Rewe. The weighted average remaining lease length is over 10 years. It is a well established location in the city center with very good accessibility and further shops in the neighbourhood.
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