22 September 2023
New acquisition for MIMCO Capital of a retail park in Lippstadt, Germany
Published
22/09/2023

MIMCO Capital is completing the acquisition from a US fund of a German retail park with leisure located in Lippstadt in the federal state of North Rhine-Westphalia near Dortmund and Münster.


The shopping complex is located in the city center of Lippstadt, making the area very attractive.


The investment represents more than 20 million euros. The total surface area represents 13,388 sqm of floor space and is composed of a cinema part managed by the Canadian group "Cineplex" on the one hand and a retail park part with several well-known brands such as Deichmann, KIK, Tedi or Takko on the other hand. The center also benefits from a large public car park managed by APCOA, the N°1 car park operator in Europe.


This acquisition is carried out on behalf of the "Everest One SICAV-FIAR" fund and reinforces the stability of the portfolio with a WALT of more than 8 years while benefiting from a valuation potential.


Congratulations to the entire team for this achievement, as well as to our shareholders and partners: BNP Paribas Real Estate Germany, the Luther Law firm, PLC, Von Löbbecke notar and the Volksbank.


Notre Actualité

09.10.2023

The Mercureim EF1 fund is pursuing its divestment objective with the sale of two commercial assets in Germany.

Announcement

23.09.2023

As part of one of its club deals, the MIMCO group is participating, alongside the JHMH group, in the acquisition of an office and retail building located in the Réaumur‑Sébastopol district of the 3rd arrondissement of Paris.

Announcement

22.09.2023

MIMCO Capital marks a significant milestone in its development strategy by naming Laurence Brunier‑Mandard to the strategic position of Head of European Distribution.

Corporate

22.09.2023

MIMCO AM announces the appointment of Maximilien Lemme as Investor Relations Manager for the French Western region.

Corporate

Back
Scroll