Brief: Deutsche Konsum REIT Acquires 29 Properties For EUR 64 Mln

Deutsche Konsum Real Estate AG

12/02/2020 06:17

Feb 12 (Reuters) - DEUTSCHE KONSUM REIT AG  DKG.DE :
    * DEUTSCHE KONSUM REIT ACQUIRES 29 FOOD-ANCHORED RETAIL
PROPERTIES
FOR EUR 64 MILLION
    * PURCHASE VOLUME FOR ALL PROPERTIES AMOUNTS TO
APPROXIMATELY EUR
64 MILLION, RESULTING IN A PURCHASE YIELD OF MORE THAN 8%.
    * CURRENT REMAINING LEASE TERM AVERAGES FIVE YEARS WITH A
VACANCY
RATE OF AROUND 4%

Source text for Eikon:  ID:nEQ5hNBp2a 
Further company coverage:  DKG.DE 

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