Tikehau Capital, in partnership with Captiva, has acquired a portfolio of eight retail properties strategically located across Germany.
The assets include five properties in Berlin and surrounding areas, two in the Leipzig region, and one in Bad Zwischenahn near Bremen.
The properties together offer approximately 16,000 square meters of rental space and are nearly fully leased. Newly signed 15-year leases provide long-term security and are expected to generate stable, attractive returns for investors.
Aldi Nord serves as the anchor tenant across the portfolio, supported by a mix of beverage stores, pet supply markets, and other retail operators. This combination establishes a balanced and resilient tenant base in the local supply sector.
The acquisition marks a strategic expansion of Tikehau Capital’s German retail real estate portfolio. Executed through an individually managed investment vehicle targeting stable cash flow assets, the investment aligns with Tikehau Capital’s distribution-oriented strategy designed to deliver a reliable income stream to investors.
Captiva, a German-focused real estate investor and asset manager, partners with institutional clients to develop tailored investment strategies across portfolio transactions, single-asset deals, and venture capital real estate initiatives.
Commenting on the acquisition, Steffen Meinshausen, Head of Real Estate Germany at Tikehau Capital, said: ”Food and local supply properties remain among the most resilient asset classes. With the newly concluded 15-year leases, the properties are strongly positioned for the coming years. We are delighted to be able to realise this project together with Captiva.”
Stephan Fritsch, Managing Director at Captiva, added: “With this portfolio, we combine the attractiveness of metropolitan regions such as Berlin and Leipzig for long-term stable retail investments with one of the leading names in discount grocery retail. Strong demographic development, high purchasing power, and dynamic urbanization in these locations ensure sustainable cash flows combined with attractive land values and promising development potential”
Legal advisory for the transaction was provided by Vesthaus, a specialist transaction and commercial law firm.
