Acacia Point Capital takes ownership stake in portfolio of 56 retail assets in Germany

2 December 2014

Acacia Point Capital has taken a minority ownership stake alongside a US-headquartered private equity investment manager, in the acquisition of 56 retail assets across Germany.

Matthew Walker, Managing Director of Acacia Point Capital said “The portfolio primarily comprises food-anchored retail property and is well-let to Germany’s leading grocery, textile, electrical and drugstore retailers. This asset class performs well throughout the economic cycle and provides stable, reliable cash flow with upside potential to be derived from lease extensions, building extensions,refurbishments and enhancing the tenant line-up to provide the most sought after retail offer in the trade area”.

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