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

Micronas achieves a turnaround in 2010

.
– Positive result after four years of losses
– Consistent focus on automotive business has been successful
– Micronas benefits from improvement in the global car market
– Expansion of development, marketing and sales activities
– Further growth in Hall sensor business expected in 2011
After four years of losses, Micronas achieved a turnaround in 2011 and generated a positive result again. "Thanks to the Company-s strict focus on automotive

1 2 3 9