The SCP Group in 2018 seeded x+bricks, a wholy-owned real estate investment platform that targets food- anchored retail property portfolios across Germany. x+bricks recently acquired 5 portfolios, consisting of 36 properties, in deals totaling roughly €300 million. Key tenants include Lidl, Kaufland, Toom, OBI, Rewe, Edeka and Netto.
Created in 2016, Highstreet Prime II is an investment club jointly advised by The SCP Group and German- listed real estate investment firm CORESTATE. The club in 2016 acquired two high quality mixed-use real estate assets in Flensburg and Lubeck. Key tenants include Saturn, TK Maxx, McFit, Holmes Place and APCOA.
In 2016-2017, The SCP Group took significant minority investments in three German corporations: Siblitz Group, Ambulantis and Gienanth.
Since 2015, The SCP Group invested in non-controlling positions in three residential real estate projects in the U.S. These include an eight-story luxury condominium building in Manhattan; a warehouse conversion in Brooklyn that will house 69 residential units; and luxury beach club development, housing 143 residences on Lake Tahoe.
The SCP Group is in the early stages of investing in an offshore oil and gas exploration project.