IC Immobilien Gruppe wins Real I.S. property management mandate

The IC Immobilien Gruppe has been ap-pointed manager of a retail property in Karlsfeld by the property’s owner, Real I.S. The property, completed in September 2016 and located at An der Wögerwiese 1, 3 and 5, in Karlsfeld, has approximately 6,000 square metres of retail space, and an underground carpark for up to 200 vehicles. Leases for the property’s three retail outlets have been agreed with Aldi Süd, Edeka and the drugstore chain, Müller. The newly developed neighbourhood, “Neue Mitte Karlsfeld”, is divided into a number of distinct retail and residential areas. The IC Immobilien Gruppe has been appointed to provide both commercial and technical property management services. In the near future, the IC Immobilien Gruppe should receive further property management mandates from Real I.S.

“We are delighted to announce this new mandate. It is further confirmation of the excellent performance of our core property management business, and underlines the confidence that renowned property owners have in our services,” said Markus Reinert FRICS, Chairman and CEO of IC Immobilien Holding AG.