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Savills IM Buys €140M Danish Supermarket Portfolio for European Food Retail Fund

38-Asset Portfolio is Fully let to REMA 1000 on 15-Year Fixed Term
Source: iStock
Source: iStock
CoStar News
January 12, 2021 | 11:58 AM

Savills Investment Management has launched a European food retail–focused fund, the Savills IM European Food Retail Fund. The German special fund has received capital commitments of €109m from six German institutional investors at first closing. The first investment is a Danish supermarket portfolio of 38 urban properties with a total volume of c. €140m.

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