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ACROSS

February 15, 2023

credit: Globus

Redos buys Globus supermarket in western Germany

The redos group, an investor, asset and fund manager specializing in large-scale retail properties, has bought a GLOBUS store in Wesel in western Germany. The property was acquired from Union Investment as part of an asset deal for the special AIF “Redos Retail Germany III”.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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