Beds, bedroom furniture and bedding can be found in the specialty stores of the brand “Dänisches Bettenlager”. The real estate investor Defama has now bought three stores of “Dänisches Bettenlager” in southern Germany. It is all about the properties. The properties will continue to be used by the Danish company as tenant. This article is based on the unique List of the 400 largest German real estate investors in Germany.
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Danish bed store in Southern German locations
The three specialist stores are located in Heidenheim (Baden-Württemberg), Michelstadt (Hessen) and in Ochsenfurt (Bavaria). Dänisches Bettenlager belongs to the Danish JYSK Holding A/S and has been on the German market under this name since 1984. This division operates over 1,200 specialist stores in Western and Southern Europe. The two stores in Heidenheim and Michelstadt, each with a rental area of around 950 square metres, were built especially for Dänisches Bettenlager in 2009. The property in Ochsenfurt formerly housed a supermarket before the Bettenlager moved in. The building dates back to 1979 and has around 1,200 square metres of rental space.
The purchase price totals around EUR 3.3 million, and the rental income from the three properties amounts to approximately EUR 300 thousand p.a. The name Defama stands for Deutsche Fachmarkt AG. This already reflects the orientation of the Berlin real estate investor. The focus is on less extensive retail properties in small and medium-sized cities. Defama’s long-term goal is to become one of the largest owners of small specialist retail parks in Germany. Geographically, the focus so far has been more on northern and eastern Germany. With the current purchase Defama is expanding its portfolio in southern Germany. The purchase fits almost ideally into the corporate strategy. The company prefers to concentrate on investments that are “too small” for larger institutional investors.
Source: Immobilien Zeitung Picture source: Unsplash