THASOS Group reports the successful completion of a transaction in the Bavarian retail segment. In Diedorf, situated west of Augsburg, a fully let retail park has changed hands. The advisory firm acted exclusively for the vendor throughout the sales process.
Both the vendor and the purchaser were actors from the immediate local area. The commercial property was sold by a private individual from the surrounding area. The buyer was a private investor from the region, who secured the property as part of a long-term investment strategy.
Structured tenant and space mix at the Diedorf location
The retail park was built in 2007 and comprises a total lettable area of approximately 1,045 square metres. The space is divided into three separately let units designed to provide reliable local amenities for the population within the catchment area.
- —Anchor tenant Rossmann (drugstore goods)
- —Anchor tenant KiK (discount clothing retailer)
- —Bakery Niedermair with integrated café
The property is situated in an established commercial and retail location in the market municipality of Diedorf. Favourable transport links west of the Augsburg conurbation secure solid footfall for the location, as well as an established market position in local basic provision.
Strong demand for crisis-resilient local convenience assets
Yannick Wirth, Managing Director of THASOS Group, contextualises the successful sale within the current market environment. In his assessment, local convenience properties with creditworthy chain-store tenants are seeing particularly strong demand at present. The successful conclusion with a regional buyer underlines the sustained interest from private investors in stable and inflation-protected returns in the greater Augsburg area.
The brokerage firm managed the transaction comprehensively, from the structured preparation of the property documentation and the discreet approach to potential investors through to the final notarisation of the purchase agreement.
