Delek acquires 12 supermarkets from Metro

By A staff reporter 2008-01-01T00:00:00

Israeli-backed property investor Delek Global Real Estate (DGRE) has bought 12 supermarkets in Germany from retailer Metro for EUR 243 mln. Under the sale-and-leaseback deal, Metro subsidiary Real will lease 10 of the supermarkets until 2022 and the other two until 2020 and 2021 at an average annual total of ...

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