DUSSELDORF, GERMANY-WGF AG has sold a property portfolio containing 21 retail as well as specialist stores in September 2011 to Captiva Capital Partners III ELP, a fund operated by Natixis Capital Partners, for about EUR 65 million. The properties totaling 468,228 square feet of space were built between 2008 and 2011.
The retail properties are located in the German states of Bavaria, North Rhine-Westphalia, Lower Saxony and Hessen. They are leased to tenants including Lidl, Edeka, Penny and Rewe. For the full story, go to Europe Real Estate .
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