Picture: BLOOMBERG/CHRIS RATCLIFFE
The sale of Schloss-Strassen Center reduces the group’s retail exposure to 24.1%, from 28.4% at the end of February, and “ The Schloss-Strassen Center is a 18,600m² retail centre located on the main retail pitch in the Steglitz-Zehlendorf area in southwest Berlin and is integrally linked to the underground transport network.
“We have spent some time simplifying our business which includes focusing all of our investments in the UK where we have our hotels, industrial and offices strategy,” Oakenfull said.
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RDI sells German retail centre for €65.5mThe landlord is in the process of disposing of its German assets to focus on its core market in the UK
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RDI sells German retail centre for €65.5mThe landlord is in the process of disposing of its German assets to focus on its core market in the UK
Source: BDliveSA - 🏆 12. / 63 Read more »