food-anchored retail real estate with GRR
A good investment:
We are one of the leading experts for food-anchored retail real estate. Our focus is on retail properties, which we hold both in funds and individual mandates. Since our foundation in 2005, we have grown steadily and have continuously increased our managed volume.
GRR stands for:
- High-performance funds for institutional investors
- Successful asset and real estate management and a high level of expertise in new builds and conversions
- Food-anchored retail real estate throughout Germany
We act as an interface between long-term institutional investors and active entrepreneurship. This means that we see things from both the user’s and owner’s perspective – because they represent two sides of the same coin. This is why we invest in properties that best support the growth potential of their users and take risks with our own capital. Our investment philosophy is rounded off by a well-founded research approach and continuous dialogue with colleagues from all GARBE divisions.
![[Translate to English:] Gesprächssituation Meeting: Zwei Frauen und zwei Männer](/fileadmin/_processed_/b/8/csm_couple-with-business-consultants-at-the-office-2023-11-27-05-25-41-utc_c643bd8bc4.jpg)
![[Translate to English:] Gesprächssituation Meeting: Zwei Frauen und zwei Männer](/fileadmin/_processed_/b/8/csm_couple-with-business-consultants-at-the-office-2023-11-27-05-25-41-utc_491ccc8825.jpg)
GRR is a member of the German Council of Shopping Centres e.V. and the ZIA Zentraler Immobilien Ausschuss e.V.
Your advantages
We are responsible for all categories of property management and act equally as an investment manager and property service provider.
Clients receive comprehensive support from a single source. GRR unites internal teams for fund, transaction, real estate, asset, portfolio, project, investment and financial management as well as accounting.
We offer bundled expertise that leads to the complete satisfaction of both sides: Our management teams are fully committed to the interests of our investors and tenants.
All of the above components have a significant influence on the performance of the German Retail Funds we have launched for institutional investors. These have achieved or exceeded the forecasts made.
Management
Accounting & Controlling
![[Translate to English:] Portrait Ulrich Suchodolows](/fileadmin/_processed_/0/d/csm_suchodolows_ulrich_06_ff31dbaaa9.jpg "Ulrich Suchodolows")
Asset Management
Business Development
Capital Markets & Strategy
ESG & Research Management
![[Translate to English:] Astrid Keller, Portrait](/fileadmin/_processed_/2/9/csm_grr_garbe_ansprechpartner_keller_astrid_c2046010f2.jpg "Dr. Astrid Keller")
Finance Management
Fund & Portfolio Management
Human Resources
Project Management
Real Estate Management
Team Assistance & Apprentices
Transaction Management
OUR HISTORY
2005
GRR AG founded; first property portfolio purchased.
2006
GRR Real Estate Management GmbH is founded as an operational asset management company.
2009
The first third-party mandate (asset and property management) is acquired for 42 properties from a private international investor
2010
The first individual mandate is launched, this is the first time a framework agreement has been concluded with a retail group for more than 70 locations.
2012
GRR German Retail Fund No. 1 launched. Fund volume around 300 million euros.
2015
GRR German Retail Fund No. 2 is launched with a volume of over 300 million euros.
2018
GRR German Retail Fund No. 3 is launched with the acquisition of a 42-property portfolio of grocery stores and discount supermarkets. This is the largest portfolio that GRR has ever acquired for one of its property funds.
2020
The initial portfolio for the newly launched GRR German Retail Fund No. 4 is acquired.
2022
GRR Future Retail Properties 1 is successfully launched as GRR’s first Article 8 fund for institutional investors.
2024
GRR Real Estate Management is acquired by the family-run company GARBE. GRR continues to operate as an independent competence centre for GARBE in the retail sector under the name GRR GARBE Retail Real Estate.
Properties in the portfolio
We currently manage over 500 retail properties throughout Germany for our funds and individual mandates. The portfolio is made up of food discounters, full-range stores, specialist stores, local shopping centres, retail parks and shopping centres, ensuring a high level of diversification.