Metro's Real hypermarkets attract bidder consortiums -sources

Corestate Capital Holding SA

08/03/2019 15:00

FRANKFURT, March 8 (Reuters) - Metro's  B4B.DE  Real
hypermarkets chain, which the wholesaler wants to sell in April
or May, has attracted several bidder consortiums, several people
close to the matter said on Friday. 
    Kaufland owner Schwarz group has tied up with retail
property investor X+Bricks AG led by former Corestate  CCAG.DE 
Chief Executive Sascha Wilhelm, the people said. 
    Separately, shopping mall operator ECE is working with
Morgan Stanley  MS.N  Real Estate on a possible acquisition of
Real, the people said. 
    "We are following the discussions about Real's future very
closely. However, we are not an operative retailer and do not
want to become one," ECE said in a statement.
    The other bidders declined to comment or were not
immediately available for comment. Metro declined to comment on
the bidder names.
    

 (Reporting by Arno Schuetze; editing by Thomas Seythal)
 ((arno.schuetze@thomsonreuters.com; +49.69.7565.1197; Reuters
Messaging: arno.schuetze.reuters.com@reuters.net))