Internos acquires three retail centres for its GRP-1 Fund

Internos acquires three retail centres for its GRP-1 Fund

Frankfurt, 28th Februrary 2011 – Internos GmbH has acquired three neighbourhood retail centres for about 17.75 million euros on behalf of the retail property fund German Retail Partnership Fund I (GRP-1 Fund). The properties, all built between 2006 and 2010, are located in the western German towns of Rockenhausen in Rhineland-Palatinate, Laubach in Hesse, and Riegelsberg in Saarland, and total 11,500 sq.m. of lettable space. The three retail centres are leased for an average of a further 14 year