NEWS

Centerscape is a leading investor, developer, owner and manager of grocery-anchored neighborhood shopping centers, with a presence in every major market in Germany, Poland and the Czech Republic.

Centerscape continues to invest in Bremerhaven

Centerscape invested in a second retail property in Bremerhaven, Germany. The asset was sold by Bremer Wohnungsbau. Mr. Lettmann of Lettmann-Investment, Consulting & Management for Real Estate Assets was involved in this transaction.

This well integrated property has a total rental area of approximately 1.100 sqm that are completely let to PENNY. The total number of assets rented to PENNY in Centerscape’s portfolio increases thereby to a total of eight.

Since its founding in 2007, the Centerscape Group has selectively established a strong real estate portfolio with a total of 151 properties – six of them in Berlin. The total investment volume is currently around € 620 million. With a dynamic and performance-oriented team of 60 “in-house” experts, Centerscape continues to focus on the growth of the company by acquiring high-quality retail properties in Germany, Poland and the Czech Republic.

and tagged Bremerhaven, Germany, growth, Invest, Retail Real Estate
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