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A portfolio consisting of 7 separate Edeka Cash & Carry stores with focus on Eastern and Southern Germany. The Portfolio is let on a long-term basis on two leases to Edeka-Miha Immobilien-Service GmbH and Edeka Handelsg. Südwest GmbH (together Edeka) for the purposes of its cash-and-carry operations. The Edeka Group is the largest German supermarket business and is often perceived as the market leader due to its modern store design and its regional managers and regional goods.
- attractive WAULT of more than 10 years
- 100% of rental income attributable to Edeka
- fully let