Slate Asset Management has agreed to acquire six essential real estate properties in Germany, collectively valued at more than €100 million ($117 million). Slate is acquiring the properties in three individual transactions, which are expected to close in the fourth quarter 2025, subject to standard closing conditions.
The properties in the portfolio are modern, high-performing assets that are located in densely populated submarkets across Germany with strong purchasing power. The properties are leased under long-term, index-linked agreements to some of Germany’s largest grocery and everyday goods distributors with whom Slate has strong existing relationships, including Schwarz Group, Aldi, REWE Group and Edeka Group.
“We are pleased to be further increasing our exposure to Germany’s essential real estate sector with this portfolio of high-quality, exceptionally located properties, which we are acquiring at a basis that we believe will enable us to create meanin