Germany

BayWa, Aschaffenburg

A large baywa bau & garten store with a parking lot in front, several parked cars, shopping cart shelters, and trees; residential buildings and a forested hill are visible in the background.

In 2020, we acquired the BayWa DIY store and garden centre in Aschaffenburg for our “Redos Einzelhandel Deutschland II” fund. Benefiting from excellent transport links, the site enjoys stable customer footfall and revenues thanks to its location near the city centre and direct connections to the highway and the A3 motorway. With more than 10,000 sqm in rental space, the single-tenant property represents an optimal addition to our portfolio.

2021 08 09 aschaffenburg objektfotos offenblende tze 7 A large store with a green baywa sign and shopping carts outside. the entrance has a sign in german that reads herzlich willkommen (welcome). the exterior is modern with a paved walkway and zebra crossing.
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Location

Aschaffenburg, Germany

Operation concept: DIY store

 

 

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Acquisition

2020
Acquired for redos Einzelhandel Deutschland II

 

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Total rental area

11,000 sqm