REIT Asset Management will act as operating partner and managerfor the portfolio, which is mainly made up of town centresupermarkets, mostly built over the last 20 years
Kendall Young, Regional Director for Germany and Central Europefor GE Capital Real Estate said: 'This transaction is a clearillustration of our commitment to the German real estate market. Itboth supports our strategy to work with joint venture partners inlocal markets and represents a strong addition to our existingportfolio base in Germany.'
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