Real Estate
Warburg-HIH bought five non-discretionary retailers from Rockspring for over €100m. : Warburg-HIH Invest Real Estate has bought a portfolio of five local convenience centres in Germany from Rockspring Property Investment Managers for around €100m. The manager said it bought the assets, with a gross lettable area of around 43,000sqm, for its open-ended special property fund known as Perspektive Einzelhandel: Fokus Nahversorgung investment fund. The properties, which are located in Herten, Bürstadte, Sinzheim, Reppenstedt and Lehrte, are fully let.

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