Media Markt (Cologne)

5,500 sm single tenant retail box with well known brand name in class A retail park in Cologne

 

 

In May 2010 Activum SG Fund I purchased a retail outlet occupied by well-known electronics retailer Media Markt (part of the Metro Group).  This off market transaction was a “win-win” transaction for both sides.  While the underlying real estate already produced stable cash flows at acquisition, the seller  – a German real estate developer – was distressed and in need of cash, so willing to sell at a favorable price to Activum.  Activum has built a relationship with Media Markt and offered a high level of client service that has in turned prompted this well-known electronics retailer to negotiate and extend the lease.

 

German content will be added here shortly.

Media Markt<br />
Max-Planck-Straße 24<br />
Cologne, Germany<br />
June 2010 Media Markt<br />
Max-Planck-Straße 24<br />
Cologne, Germany<br />
June 2010

Portfolio: Fund I