Patrizia Immobilien has acquired a 6,800m², convenience-based shopping centre in the Schelfhorst district of Almelo for its ‘Patrizia Handels Invest Europa I’ fund. The seller is a joint venture between Dreef Beheer and Segesta Groep. The purchase price was not disclosed. The deal increases the fund’s volume to around €230m.
Emile Poort, Patrizia’s Head of Transactions Benelux, commented: “This acquisition is a perfect fit for Patrizia's retail strategy to acquire convenience-based shopping centres which cater for the daily needs of the surrounding area. The asset in Schelfhorst offers an attractive risk profile for our clients due to its historically low vacancy rates.”