Kriftel, 02.09.2021. The real estate consulting firm Steinberg Real Estate + Finance advised the real estate special AIF “BGV VIII Europa” of the Munich-based investment manager Real I.S. AG on the closing of the financing with a German bank for the acquisition of the local shopping centre “Keizerslanden” in the Dutch city of Deventer.
Excerpt from the press release of Real I.S. AG:
“Keizerslanden” is the most visited local shopping centre in Deventer. It has 10,807 square metres of retail space spread over a total of 33 shops. There are also plenty of parking spaces available for visitors in the immediate vicinity. With the planned new buildings in the adjacent residential area, the attractiveness of the local supply centre will be further enhanced in the long term.
Nearby centres like ‘Keizerslanden’ have proven to be resilient to the negative effects of the Corona crisis over the past year and a half. The Netherlands is a core market for Real I.S. and, among other asset classes, local shopping centres like ‘Keizerslanden’ remain attractive investments for our real estate funds,” says Axel Schulz, Global Head of Asset Management at Real I.S. AG.”
Link to the press release of Real I.S. AG: link
About Steinberg Real Estate + Finance
Steinberg Real Estate Management GmbH is a consulting and investment company founded in 2017 and based in Kriftel near Frankfurt am Main. Steinberg Real Estate + Finance focuses on the marketing and restructuring of complex real estate and real estate financing throughout Germany. In addition, Steinberg Real Estate + Finance is itself active as an investor in the field of distressed real estate and real estate loans and insolvency claims. The shareholders of Steinberg Real Estate + Finance are the two managing partners Antje Mertig and Michael Schäff. www.steinberg.management
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