Resolution Property: German retail portfolio acquired for around €100mn
The investment property company Resolution Property, London, has acquired eleven retail properties for around €100mn. The portfolio includes eight Burger King outlets, a Media Markt, a Lidl discounter, and the Neefepark Shopping Center in Chemnitz. Neefepark unifies 60 specialty stores within 55,000 m². According to Immobilienzeitung, the Rewe Group's Rewenda Fund, about which no information is available, is the property's seller.