MERCUREIM EF1 bought a shopping center in Magdeburg, Germany from HD GRUPPE Berlin.
The building was bought for eight million euros giving a yield of 8.30% all includes. The total usable surface represents 5,322 m2 built on a land of 14,496 m2.
Main tenants are present in the center, such as food ALDI and EDEKA, ROSSMANN, KIK, TEDI they play a very important attractive role. A large IKEA center is present at 500m which makes the area very dynamic.