Cornerstone eyes new takeover candidates in Germany

Cornerstone Real Estate Advisers (formerly Protego Real Estate Investors) sees more opportunities for retail acquisitions in the German market following its purchase of an 8,500-m² supermarket in Wuppertal through its German Retail Fund. ‘More product is coming onto the market and there are some interesting opportunities. Vendors are becoming more realistic about pricing,’ said the fund's investment manager Calum Barclay in an interview with PropertyEU.

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