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Real smashing will probably come to an end: the last branches will find well-known buyers

Apparently the supermarket giant Rewe is planning to take over 18 Real stores in a very good location. This emerges from plans that were discussed in the Group’s supervisory board, reports the “Lebensmittel Zeitung” in its print edition. The company did not want to comment on request. It is possible that Rewe is still in negotiations with the real estate investor SCP.

According to the plans, Rewe does not want to buy the branches, but rather move in as tenants. The group does not have to take over the affected employees of the Real branches, as the industry paper writes.

According to an anonymous source, investor SCP should continue to pay the salaries of Real employees during the renovation work (from Real to Rewe) and settle the corresponding severance payments. Both groups did not want to confirm these background discussions (Paid content). –

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