Captiva has acquired a newly developed portfolio of five Rewe food retail properties from Zehentner und Seidel Immobiliengesellschaft. The assets comprise a total lettable area of approximately 21,500 sqm and are located in Mecklenburg-Western Pomerania, Saxony-Anhalt and Saxony. The total investment volume amounts to around EUR 65 million.
Captiva acted as investment manager for a special fund administered by Universal Investment. The technical due diligence was carried out by C.P.H. Projekt- und Baumanagement GmbH. Further acquisitions in the food retail sector are planned.
One store has already been opened, with the remaining properties to be completed and handed over successively by the end of 2026.