Patrimoine & Commerce strengthens its portfolio with 13 new assets

On December 13, 2024, Patrimoine & Commerce announced the acquisition of a portfolio of 13 retail park assets worth €35 million. These assets cover more than 27,000 m² with an occupancy rate of 100%. Tenants include brands such as Action and Centrakor. The leases of these brands represent more than 40% of the rent.

The acquisition is part of Patrimoine & Commerce's strategy to reach one billion euros in assets under management. This acquisition strengthens its presence in the Wittenheim and Laon areas. The decision was validated by the supervisory board. The anticipated yield is 7.5%.