A group of private Irish investors has acquired RastpfuhlCarre shopping centre in the German city of Saarbrucken from project developer ROLEG for about EUR 13 mln. Savills advised the buyers.
A group of private Irish investors has acquired RastpfuhlCarre shopping centre in the German city of Saarbrucken from project developer ROLEG for about EUR 13 mln. Savills advised the buyers.
The 6,300-m2 centre, which opened in May of this year, is anchored by Rewe, Aldi, Sparkasse Saarbrucken savings bank and the state-owned apartment construction company Woge. There are 180 car parking spaces.
Oliver Schinkewitz, managing director of Savills, said: 'Despite the difficult financing environment, there is still appetite for good quality retail stock in Germany and Irish investors remain in the market to buy.'
