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CORESTATE Capital Holding S.A. Friedrich-Ebert-Anlage 35-37 / Tower 185 60322 Frankfurt, Germany http://www.corestate-capital.com
Contact Mr Alexander Groschke +49 69 3535630106
Company logo of CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A.

CORESTATE invests a further EUR 210 million in German retail properties and strengthens the management board by hiring Philip La Pierre as new Co-Chief Investment Officer

(PresseBox) (Frankfurt, )
CORESTATE Capital Holding S.A. (CORESTATE), a fully integrated investment manager and co-investor based in Luxembourg, has acquired 24 separate retail properties in top shopping locations of pedestrian areas in medium-sized German cities such as Dresden, Essen, Heilbronn and Kaiserslautern. The assets have been acquired in individual transactions and structured in a new portfolio.

Comprising a total of approximately 90,000 square meters, the properties are very diversified in regard to location, building type and tenants. Anchor tenants include fashion retailers H&M and Snipes as well as drugstore chain Müller and supermarket chain REWE.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.