Ascencio buys Carrefour supermarket on its Couillet site

Tim Harrup

Ascencio, specialising in investment in commercial premises located on urban peripheries, is acquiring the anchor supermarket tenant of its Bellefleur site in Couillet and thus consolidating its position both in the zone and in its retail park. This park has had considerable commercial success and attracted the sustained interest of numerous brands since its opening. The supermarket in question is operated by Carrefour Market (Groupe Mestdagh) and according to Ascencio has for many years turned in excellent operating performances from its well-established property location.

Ascencio goes on to say that the investment, in line with its strategy, further reinforces its exposure to both the food sector and the retail park sector. The investment, totalling €6.382 million, was made at the market value as determined by the appraisal expert.