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ACRON® Giant Food Limited Partnership Tenant: Giant Food Supermarket in Bucks County, Philadelphia, Pennsylvania, USA

Giant, Philadelphia

The Giant Food Supermarket is located in Bucks County, in the immediate Philadelphia area. This section of the East Coast of the USA is distinguished by strong regulations of building use, which makes a construction permit for a supermarket in this region very beneficial for many years to come.

The decisive reasons for acquiring the Giant Food Supermarket were the outstanding location and the rent guarantee provided by Royal Ahold N.V. of the Netherlands for the 20-year tenancy agreement with Giant Food Stores.

The payouts and the investment took their planned course for the investor. In part, due to personally arranged financing, annual returns on equity of over 10 percent were earned.

Since the investor decided to sell the supermarket in 1997, and since properties of this quality were very hard to identify, the property was acquired by a retail investment fund designed by ACRON®.

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