Acquisition profile · as of 10/2026
Grocery-anchored retail real estate in Germany
We are continuously looking for single assets and portfolios anchored by grocery or drugstore tenants – explicitly including short remaining lease terms or refurbishment needs.
What we buy
Food retail stores
Discount stores and supermarkets
Local supply centres
Grocery anchor plus complementary tenants
Retail parks
with grocery anchor
Drugstores
stand-alone or in a cluster
Criteria
- Anchor tenant – from food retail or drugstore, at least 55% of rent
- Any year of construction – refurbishment, repositioning or extension needs welcome
- Clear local supply function – good accessibility and parking
- Single assets and portfolios – smaller assets preferably as a package
Not in focus
- Residential
- Office
- Hotel
- Logistics
- Shopping centres
- Special-purpose properties
- Developments with construction risk
Where we invest
Focus regions
- Central Germany
- Berlin / Brandenburg
- Southern Germany
Offers from all German federal states are welcome.
How fast we decide
For a quick review we need
- Full property address
- Tenant list with areas and rents
- Lease terms, options, indexation
- Asking price
- Plot, year of construction, refurbishments
- Photos, site plan, energy certificate
Acquisitions contact
Please submit offers in writing only, stating the full address and key data. We do not enter into brokerage agreements verbally; submitting an offer does not create a brokerage agreement. This profile is non-binding and does not constitute an obligation to purchase.
Frequently asked questions
What properties does ST 77 Holding acquire?
Supermarkets and discount stores, local supply and retail park centres with a grocery anchor, and drugstores across Germany – as single assets or portfolios.
What investment volume is relevant?
€4m to €25m per asset, portfolios up to €50m. Gross initial yield from approx. 8%, depending on location, lease term and condition.
Do you also buy properties with short leases or refurbishment needs?
Yes. We explicitly consider properties with a remaining lease term from one year and with refurbishment, repositioning or extension needs – any year of construction.
How quickly will I receive a response?
Usually within 48 hours of receiving a written offer with full address and key data at ankauf@st77.de.
Which documents do you need?
Property address, tenant list with areas and rents, lease terms/options/indexation, asking price, details on plot, year of construction and refurbishments, plus photos, site plan and energy certificate.
Does submitting an offer create a brokerage agreement?
No. We do not enter into brokerage agreements verbally; submitting an offer does not create a brokerage agreement.