Behringer Harvard acquires 22 assets in Central Europe

Dallas-based Behringer Harvard said on Monday that its investment platform, known as Wenceslas Behringer, has acquired a portfolio of 22 retail and industrial/logistics assets located in the Czech Republic, Poland, Slovakia and Hungary. The anchor tenants include Carrefour, Tesco, Royal Ahold and Plus.

Behringer Harvard and Edinburgh-based Hunter Property Management will jointly manage the portfolio. The investment volume was not revealed.

'The business model that led to the formation of this unique platform is not new to Behringer Harvard. Co-investment with seasoned local partners has always been a hallmark of Behringer Harvard’s approach to international investment. We’re pleased that our continued growth is providing more partnering opportunities with European market leaders such as Hunter,' said Robert S. Aisner, president of Behringer Harvard.