FRANKFURT, Germany--(BUSINESS WIRE)--Slate Asset Management L.P. (“Slate”), announced today that it continues to acquire grocery-anchored real estate portfolios in Germany. Slate first acquired a portfolio of 67 predominately grocery-anchored real estate assets in Germany in December 2016. Since that time, Slate has completed 6 transactions comprised of 65 grocery-anchored real estate properties located throughout Germany, totalling approximately 85,000 m2 of gross leasable area.
Today, Slate’s European portfolio is comprised of 124 grocery real estate assets in Germany totaling 189,027 m2 of gross leasable area. The majority of the tenants are among the largest global retailers in the world, including Edeka, REWE, Lidl and Aldi. Slate is committed to expanding its presence within the German market and continues to seek grocery-anchored acquisition opportunities.
About Slate Asset Management L.P.
Slate Asset Management
L.P. is a leading real estate investment platform with $6.0 billion in
assets under management. Slate is a value-oriented manager and a
significant sponsor of all of its private and publicly-traded investment
vehicles, which are tailored to the unique goals and objectives of its
investors. The firm's careful and selective investment approach creates
long-term value with an emphasis on capital preservation and outsized
returns. Slate is supported by exceptional people, flexible capital and
a proven ability to originate and execute on a wide range of compelling
investment opportunities. Visit slateam.com
to learn more.
