London-based real estate investor Enstar Capital is strengthening its presence in Germany with the purchase of a supermarket in the northern district of Laboe. The deal reflects an annual net yield of 7.5%. The supermarket is leased to Coop Schleswig-Holstein, German newspaper Immobilien Zeitung reported. Enstar said it is planning to invest a further EUR 100 mln in the country by 2008.
Poland-focused logistics platform European Logistics Investment (ELI) has signed a €155 mln loan agreement with a consortium comprising pbb and Helaba.
