FCR buys two local supply centers in Saxony

13/06/2018

FCR Immobilien has acquired two small local supply centers in Saxony. One of the assets is a roughly 1,500 sqm building in Lichtentanne near Zwickau (Steinpleiser Straße 22), which sits on a 7,100 sqm lot and is leased to grocery discounter Penny and a beverage market. Two small commercial units are currently vacant. The second property is located in Görlitz (Friedrich-Naumann-Straße 3) and measures about 1,000 sqm. Sole tenant of the building on a roughly 4,100 sqm site is non-food discounter Action. FCR quotes the rental income from both properties at around €180,000 annually.


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