Deutsche Konsum invests €22m to improve its portfolio
Reit refurbishes some of its retail centres to create value, increase rentals and attract tenants
19 December 2023 - 11:34
JSE-listed German real estate investment trust (Reit) Deutsche Konsum Reit (DKR) says value-creating investments are paying off as rental income from its shopping centres increases.
For the 12 months ended September 30, the company invested €22m to improve its shopping centres in Stralsund, Ueckermünde, Grimma, Angermünde, Plauen and Stendal. The company will continue to reinvest into its portfolio...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.