OBI HQ & Flagship Store

About this Project

• Acquired as part of Rock Capital Group’s APFE Fund based out of The Netherlands

• Fund set up to acquire single tenant long term leased real estate up to €500Mn

• OBI Headquarters was initial seed acquisition acquired for ca €100Mn

• Part of a wider portfolio of 9 assets in Austria and Slovakia

• Cash on cash return of ca 9%

• 10% uplift in value over first year

• Recent extension of lease to 16 years unexpired