Business News • MarketWire • Slate Asset Management Acquires Grocery-Anchored Portfolio in Germany |
Slate Asset Management Acquires Grocery-Anchored Portfolio in Germany |
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Slate Asset Management Acquires Grocery-Anchored Portfolio in Germany
FRANKFURT, GERMANY--(Marketwired - September 29, 2016) - Slate Asset Management L.P. ("Slate"), announced today that it has agreed to purchase 67 predominantly grocery-anchored real estate assets totalling 136,000 m2 of gross leasable area located throughout Germany (the "Portfolio"). "We have been monitoring acquisition opportunities in Europe, in particular Germany, for over two years," said Blair Welch, Partner and Co-Founder of Slate. "The current economic landscape provides a compelling opportunity to acquire high-quality assets that can be financed on good terms. This acquisition provides an attractive entry point into Europe for Slate and we continue to actively monitor opportunities to expand our European presence."
View More : http://www.marketwired.com/mw/release.do?id=2162669&sourceType=3
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