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| GPT Halverton buys properties in Bavaria GPT Halverton, the European subsidiary of the Australian GPT Group, has purchased three retail properties in Bavaria for the GRP Fund at total cost of € 10.48 million. The main tenants at the property in Augsburg-Königsbrunn are leading drugstore retailer DM-Drogerie and the fashion store AWG. The property offers 2,800 sq m and is let to four companies. It is situated on the outskirts of Königsbrunn, 10 km south of Augsburg's city centre. The property in Dinkelsbühl, some 90 km south-west of Nuremberg, has a lettable area of approximately 4,900 sq m. There are nine tenants, anchored by a Penny supermarket. The property in Kemnath, some 100 km north-east of Nuremberg, has a lettable area of approximately 1,500 sq m and is leased in its entirety to Edeka. write your comments about the article :: © 2008 Construction News :: home page |