Achim Griese and ARCADIA let shop and office space to Stadtwerke

Achim Griese Treuhandgesellschaft mbH and ARCADIA Investment Group obtain building licence for Marien Carrée in Neubrandenburg and let shop and office space to Stadtwerke

After recently obtaining the full and unconditional building licence, the Hamburg company Achim Griese Treuhandgesellschaft mbH and ARCADIA Investment Group from Leipzig have let more than 300 m² of retail space in their Marien-Carrée development project at 1 Treptower Straße in the inner city of Neubrandenburg. This large area was leased to the Neubrandenburger Stadtwerke GmbH. The local energy provider secured both a ground floor unit as well as an office on the second floor which are to be used as a shop and a customer centre.

There is approximately 8,000 m² retail space available in Marien-Carrée – some of which have two sales levels. The centre serves to fill the gap between the ECE Markplatz Centre and Turmstraße with high-end retail areas with shop fronts stretching more than 100 meters in the city’s very best location. A huge grocery store and a car park as well as additional shop areas are to be implemented on the southern part of the property.

The Neubrandenburger Stadtwerke GmbH is a wholly-owned subsidiary of the city of Neubrandenburg. As a communal provider the company supplies the surrounding areas with electricity, district heating, natural gas, potable water, cable television as well as telephony and internet services via cable network. In addition it serves as a multi-service specialist for provisioning, waste removal as well as a service provider for the public sector. The company currently employs some 400 people as well as 40 Trainees.

Achim Griese Treuhandgesellschaft mbH is an owner-managed property developer, which has implemented more than 140 real estate projects with a total project volume of over 2.1 billion euro since 1982. More than 100 of these projects were placed with classic institutional investors, most of which took over numerous projects in succession. In doing so the focus was placed on retail property, however also residential, mixed-use and special use properties fall within the repertoire of the Hamburg developer. Particularly in the eastern part of Germany Achim Griese Treuhandgesellschaft mbH has successfully implemented many projects.

ARCADIA Investment Group has focused its specialisation on the development of property used for retail and residential properties as well as car parks and underground car parks throughout the entire Germany. In addition to activities relating to its own portfolio, it has also implemented a host of projects in the framework of joint ventures – amongst others in close collaboration with numerous national and international companies. One of the company’s core business functions is also the optimisation, maintenance and expansion of the property portfolio of family businesses with the utmost care and confidentiality. The ARCADIA Investment Group currently employs 20 people and is developing areas with a magnitude of more than 180,000 square meters. The accompanying project volume amounts to round 150 million euro.

For enquiries please contact Herr Ralf Bettges, Press and Public Office at 0172 – 233 73 90 Further information about Achim Griese Treuhand Gesellschaft mbH can be found at www.griesetreuhand.de and ARCADIA Investment Group at www.arcadia-invest.de.

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