HS Prime II | Germany

Highstreet Prime II is an investment club which has acquired two high-quality mix-use assets in the German cities of Flensburg and Lubeck, with a combined GLA of 37,000 sqm and anchored by high-quality covenants like TK MAXX, Saturn or APCOA. The club is advised by The SCP Group and Corestate, in a joint venture.

Sector High street retail
Risk profile Value-add
Total GLA 37,000 sqm
Acquired 2016
Key tenants Saturn, TK Maxx, Mc Fit, Holmes Place, Apcoa
Strategy Income enhancement through proactive asset management (leasing-up and refurbishment)