Mondial, a German real estate firm for institutional investors, has bought two retail warehouse parks for a combined total of €21 mln.

Mondial, a German real estate firm for institutional investors, has bought two retail warehouse parks for a combined total of €21 mln.

The assets are a 3,000 m2 site between Karlsruhe and Stuttgart and one of 8,000 m2 near Cologne. Both have food retail anchor tenants on 15-year leases.