Company: Deutsche Euroshop
ISIN DE0007480204 | WKN 748020
Business: A German purely commercial real estate investor. They invest in shopping centres on prime location. Currently they have over 99% occupied space. The rent is to a certain extent based on the consumer price index meaning that in hard times their rent goes down and on good times it increases which is a system the stores seem to be pretty content with.
Active: They have 19 shopping centers in Europe with main bulk in Germany with 16 centres and then one in Poland, one in Hungary and one in Austria.
P/E: 11.1

