26. October 2022

Bad Lobenstein: Australian family office acquires retail park

The Australian family office, Sunshine Real Estate GmbH, which is exclusively represented by DRIA GmbH in Germany, recently acquired a retail park in Bad Lobenstein, Thuringia. The property was built in the 1990s. In early 2000, the original supermarket was converted into a beverage market. Since the completion of the conversion in 2002, the beverage market chain Markgrafen has been represented at the location, which has only recently extended its long-term lease. In addition to the beverage market, a bakery, a butcher’s shop and a textile store are located in the property. The rental space of the centre totals around 730 m². The parties have agreed not to disclose the purchase price.

Buyer: Sunshine Real Estate GmbH, Heinsberg

Seller: Private individual, Bavaria

Current article

25.04.2024

Eastern Germany: LAHAV acquires further sub-portfolio

In the fourth quarter of 2023, the Israeli LAHAV-FO announced that it had completed the acquisition of a retail portfolio with 7 retail properties to date, spread across western and southern Germany. In the course of this transaction, the next properties have now been added to LAHAV-FO’s portfolio. These are 4 retail locations in eastern […]

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