Principal and Paref buy consumer and hardware market near Münster


Asset manager Principal Real Estate Europe (formerly Internos) and Paref Gestion, manager of the SCPI Novapierre Allemagne fund, have acquired the “Darley Park” in Lüdinghausen near Münster. The 12,900 sqm retail property is leased completely to Marktkauf and Toom. The building sits on a roughly 32,000 sqm lot on Hans-Böckler-Straße 2-8 and was completed in 2006. The property includes 480 parking spaces. The seller, a private owner, was advised by JLL. The law firm of GSK Stockmann provided legal advice to the buyer; Duff & Phelps Reag lent technical support.

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