News

GRR GARBE Retail sells local supply property in Krefeld to REWE

The asset and investment manager GRR GARBE Retail Real Estate GmbH (GRR GARBE Retail) has sold a large-scale local supply property in Krefeld-Bockum to REWE Group in Cologne as part of an off-market deal.

The property, which was built in 2011 and acquired by GRR GARBE Retail in 2012, comprises around 4,320 m² of rental space. The property is located in the densely populated district of Bockum, about five kilometers northeast of Krefeld’s city center. It is well connected in terms of transport and has a total of 182 parking spaces.

The anchor tenant in the large-scale hypermarket is REWE Markt GmbH itself. In the entrance area, a local bakery and a Lotto Toto shop complete the rental ensemble.

Dr. Philip Huperz/GSK Stockmann and his team advised on the transaction from a legal and tax point of view on behalf of GRR GARBE Retail.

#Newsletter: Stay up to date!

Sign up for our newsletter and receive regular updates on the latest topics.

Register now