A group of offshore investors have recently completed the acquisition of the Bero Centre, a shopping centre in Oberhausen, Kintyre Investments the Frankfurt based property group advised on the transaction, and are retained as asset and center managers for the property.

The Bero Centre, located in the city center of Oberhausen in North Rhine-Westphalia, has 28,000 sqm of lettable area, and has a trading history of over 40 years.

In addition to receiving the mandate to manage the shopping center on an on-going basis, Kintyre will be supporting the new owners in a planned capital expenditure program to refurbish and extend the shopping centre.