MEAG completed the acquisition of seven convenience centers in Trei Real Estate.

MEAG MUNICH ERGO Asset Management, an asset management company, completed the acquisition of seven convenience centers in Trei Real Estate, a real estate services company. Financial terms were not disclosed. “Food-anchored retail park properties remain high on the shopping list of our in-house and third-party clients. No matter whether you have a pandemic or a recession on your hands, people need to eat. Accordingly, we consider this a crisis-resistant investment. Moreover, we have faith in these well-established locations whose catchment areas are characterised by high purchasing power," Magnus von Hagen, MEAG Transaction Manager.