//x+bricks acquires portfolio with 35 grocery stores for about 80 million Euro

x+bricks acquires portfolio with 35 grocery stores for about 80 million Euro

x+bricks acquires portfolio with 35 grocery stores for about 80 million Euro

Frankfurt am Main, February 3, 2020 – x-bricks AG has acquired a portfolio of 35 grocery stores for estimated 80 million Euro. The assets are located all over Germany and have a total rental area of approximately 47,000 sqm. The weighted average lease term (WALT) is more than eight years. 90 percent of the rental income comes from food retailing with the exclusive tenants EDEKA Group, REWE and Aldi. 



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2020-02-03T10:16:36+00:00 03.02.2020|