Brief: Deutsche Konsum REIT Buys Two Food-Anchored Properties

Deutsche Konsum Real Estate AG

07/01/2021 06:12

Jan 7 (Reuters) - DEUTSCHE KONSUM REIT AG  DKG.DE :
    * ACQUIRES TWO FOOD-ANCHORED PROPERTIES FOR AROUND EUR 34
MILLION
    * IN ADDITION, DKR IS CURRENTLY IN MIDDLE OF FURTHER
CONCRETE
PURCHASE PROCESSES AND EXPECTS FURTHER ACQUISITIONS IN NEAR
FUTURE
    * PURCHASE VOLUME FOR BOTH PROPERTIES TOTALS AROUND EUR 34
MILLION
WITH A TOTAL ANNUAL RENT OF EUR 3.5 MILLION, RESULTING IN A
PURCHASE YIELD OF AROUND 10.3%

Source text for Eikon:  ID:nEQj539na 
Further company coverage:  DKG.DE 

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