Slate Asset Management Acquires €100M Portfolio of Essential Real Estate in Germany

Slate Asset Management, a global investor and manager focused on essential real estate and infrastructure assets, has agreed to acquire six essential real estate properties in Germany, collectively valued at over €100 million. The firm is acquiring the properties in three individual transactions expected to close in the fourth quarter of 2025, subject to standard closing conditions, bringing Slate’s total year-to-date investment in European essential real estate to over €800 million.

The properties in the portfolio are modern, high-performing assets 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 allow us to create meaningful value for our investors,” said Sven Vollenbruch, Managing Director at Slate. “We have been highly active in Europe this year and remain energized by the opportunities we are seeing to invest in European essential real estate across the entire risk spectrum.”

Slate maintains a distinct focus on essential real estate, concentrating on the acquisition, ownership, and operation of assets vital to daily life, including grocery stores, necessity-based retail centers, and the logistics infrastructure that supports the distribution of food and other non-discretionary goods. This strategic focus has positioned the firm as an active investor in properties that serve fundamental consumer needs with stable, long-term cash flows.

Since entering the European market in 2016, Slate has been an active investor, transacting on more than 1,000 commercial properties across eight countries. Year to date, the firm has completed over €800 million in essential real estate acquisitions across Europe, demonstrating sustained momentum in the sector despite broader market conditions.

“Our pipeline today is as full as it has been in several years, and we look forward to executing on a number of additional transactions before year-end,” Vollenbruch added. Goodwin Procter, JLL, REDEFINE Group, KPMG, Gleeds, Verifort Capital, and agradblue advised Slate on these transactions.

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