Anchor tenant

DGAP-News: HAMBORNER REIT AG signs follow-on leases with new anchor tenants for all REAL locations

Retrieved on: 
Tuesday, June 22, 2021
Articles, Commercial real estate, Contract law, Law, Landlord–tenant law, Lease, Property law, Real estate investment trust, Anchor tenant, Globus, Real estate investing, Private law

In view of the ongoing restructuring of the hypermarket group Real, HAMBORNER was proactively exploring alternative uses for this space and began negotiations with potential new tenants for follow-on leases early on.

Key Points: 
  • In view of the ongoing restructuring of the hypermarket group Real, HAMBORNER was proactively exploring alternative uses for this space and began negotiations with potential new tenants for follow-on leases early on.
  • As a result, a mutually satisfactory cancellation agreement was reached with the existing tenant Real, and leases with new and attractive anchor tenants in the food retail sector were signed at the same time.
  • Globus will also be using other areas in the property in addition to the space currently leased by Real.
  • The company is a registered real estate investment trust (REIT) and benefits from corporation and trade tax exemption at company level.

Citycon announces several new municipality tenants to help serve the local community

Retrieved on: 
Monday, August 24, 2020
Real estate, Property, Land law, Citycon, Real property law, Commercial real estate, Leasing, Anchor tenant, Tenant, Leasehold estate

HELSINKI, Aug. 24, 2020 /PRNewswire/ -- During the first half year of 2020, Citycon has signed or agreed long term leases with municipality and health care tenants across the Nordics for a total of 10,900 square meters.

Key Points: 
  • HELSINKI, Aug. 24, 2020 /PRNewswire/ -- During the first half year of 2020, Citycon has signed or agreed long term leases with municipality and health care tenants across the Nordics for a total of 10,900 square meters.
  • We are happy to be able to provide accessible public services to make people's everyday life easier.
  • These are long term tenants and a significant part of our Citycon strategy says F Scott Ball, CEO at Citycon.
  • Citycon's strategy focuses on locally optimized urban hubs and a tenant mix which is heavily grounded on municipality and grocery anchor tenants to bring resilience to the portfolio.