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GRR Real Estate Management attains Mandate of some 80 Lidl Markets

Erlangen, 20. September 2010 – The GRR Real Estate Management GmbH (GRR REM) has been commissioned for the asset and property management by the new owner of about 80 Lidl markets, which were recently sold by the Babcock & Brown Group. GRR was able to win a multi-stage pitch over numerous well-known competitors. Thus, the number of retail properties GRR REM looks after has grown to more than 240.

Susanne Klaußner, executive director of the GRR Real Estate Management GmbH, is pleased that more and more professional real estate investors have recognized an important fact: sustainable added value for retail real estate can be achieved only by an asset manager specialized in this type of use. Susanne Klaußner says: “Retailing, in particular food retailing, is very different from other types of use. Investors are well advised to have their retail properties managed by highly specialized asset and property managers – and they should involve them already during the purchasing phase.”

For an international investor, GRR REM has been in charge of more than 40 properties, predominantly used for retailing, with a total volume of more than 240 million euro since late 2009.

Footage for editors available at ftp://ftp.targacommunications.de/GRR
Web site: www.grr-gmbh.de

Posted by on 30. September 2010. Filed under Micro-electronics & Nanotechnology, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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