SCOZIA PORTFOLIO

PROPERTY FOCUS

Income Optimization

STATUS

Exited

ASSET TYPE

Retail

LOCATION

9 properties

GROSS LETTABLE AREA

76,000 sqm

Uplift of the income through reletting and development of the properties.

T

he portfolio consists of mainly 9 retail park properties located in German B cities. The portfolio at acquisition was characterized with high vacancy and development potential. With ongoing proactive Asset Management and replacement of tenants the occupancy could be increased. Further through uplift of development potential for relevant properties, Kintyre were able to reposition these assets with strong long term food anchor tenants, future proofing these assets.