GRR Real Estate Management attains Mandate of some 80 Lidl Markets
09/30/2010

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. ...

Online PR News – 30-September-2010 – – 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.

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Web site: www.grr-gmbh.de
About GRR Real Estate Management GmbH (GRR REM)
The GRR Real Estate Management GmbH is a real estate company specialized in retail real estate in Germany, with the core services Asset Management and Property Management. The GRR Real Estate Management GmbH is based in Erlangen and has a staff of 25. Executive director of the GRR REM are Susanne Klaußner MRICS, Dr. Matthias Hubert and Richard von Knop. GRR REM is currently in charge of 165 objects for various investors with an overall surface area of some 427,000 sqm and a volume of about 600 million euro.
GRR Real Estate Management GmbH
Susanne Klaußner
Wetterkreuz 15
91058 Erlangen
+49 91 31 92 00 8-810

www.grr-gmbh.de

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