22 September 2023
MIMCO Capital completes the acquisition of a mixed asset in Haldensleben, Germany
Published
22/09/2023

MIMCO Capital Group announces that it has completed the acquisition of a new mixed residential and retail real estate asset located in Haldensleben, Saxony-Anhalt, Central East Germany. 


Acquired on behalf of its Everest One SICAV-RAIF fund, this complex is located close to the city of Magdeburg and benefits from a strategic position near the city center, essential amenities and the main traffic connections of the municipality.


The real estate complex extends over a rental area of nearly 10.500 sqm divided into a large retail/office complex with more than 23 retail stores and a residential section. 136 parking spaces complete the assets.


"The German real estate market is particularly resilient. The real estate asset benefits from a location that is both visible and accessible. It is home to quality companies that have been involved in the life of the shopping center for many years, contributing to the development of the local economy", said Bernd von Manteuffel, co-founder and CEO of MIMCO Capital.


More than 90% of the building is occupied by Edeka-Gruppe, one of the leading German food retailers. In 2009, the group achieved 42 billion euros in sales through 12.000 outlets. 


"This new acquisition from the Everest One fund is fully in line with its strategy of investing in value-added assets, further strengthening MIMCO Capital's presence in the heart of Germany's most dynamic regions. With assets such as Haldensleben, we are ensuring the creation of quality assets and long-term value creation for our shareholders", Christophe Nadal, also co-founder and CEO of MIMCO Capital, explains.


We would like to thank the entire team and our partners for this acquisition.


Notre Actualité

07.07.2025

MIMCO Group, a pan‑European real estate operator and asset management company, announces the launch of « Mageva 360 », an ambitious project to convert a former holiday resort into a premium serviced residence in the heart of Megève.

17.06.2025

MIMCO Group announces the delivery of Santos Townhouse, a high‑end hospitality residence located in the heart of the historic Santos district in Lisbon.

Announcement

05.06.2025

MIMCO Group, a leading player in pan‑European value‑add real estate, announces the appointment of Quentin Verschoren as Chief Operating Officer for MIMCO Capital.

Corporate

29.04.2025

MIMCO Group announces the acquisition of the Conde Redondo real estate project, located in the heart of Lisbon’s sought‑after Santo António district. This conversion of an office building into a serviced residence aligns with the Group’s ongoing pan‑European development strategy.

Announcement

Back
Scroll