GRR Real Estate Management Appoints New Commercial Director

Erlangen, Germany, April 28, 2011 --(PR.com)-- GRR Real Estate Management GmnH, the German retail asset and property manager, has appointed Oliver Groß as commercial director based in Erlangen, Germany.

Mr Groß is an internationally certified management accountant and banker. Until recently, Groß was in charge of fund accounting at the real estate investment and sales company of the Berliner Immobilien Holding (BIH) group – the real estate service provider. At GRR, his areas of responsibility include controlling and accounting.

GRR REM currently manages over 900 million euro worth of retail property, including a portfolio of 79 Lidl stores for the Gentum KAG (Generali / Quantum).

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 31. Executive directors of GRR REM are Susanne Klaußner MRICS, Dr. Matthias Hubert and Richard von Knop. GRR REM currently looks after 260 properties, totalling 580,000 sq m (6,243,272 sq ft), for various investors, with a value of approximately 900 million euros.

For further information, please contact:
Susanne Klaussner, GRR Real Estate Management
Tel: +49 9131 92008840
Kate Titchmarsh/Andrew Barber, Revolution Public Relations
Tel: +44 20 7280 9608

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