Trei Real Estate GmbH (“Trei”), an international developer and asset manager specializing in residential and retail properties, has sold two retail parks in Germany—one in Düsseldorf and another in Mönchengladbach. VALUES Real Estate, a property developer and investment manager, purchased the Düsseldorf property for a separate account mandate focusing on local convenience retail. GRR GARBE Retail Real Estate GmbH (“GRR GARBE Retail”) acquired the Mönchengladbach property, which will be added to its GRR German Retail Fund No. 4. The financial terms of the transactions remain undisclosed. Pepijn Morshuis, CEO of Trei, stated: “We regularly review our portfolio to ensure alignment with our strategic goals. Over recent years, we have consistently sold properties outside the ‘supermarkets’ segment as part of our portfolio optimization strategy, which we aim to conclude by the end of 2025.” Düsseldorf Property The Düsseldorf retail park, built in 2015, spans 10,975 square meters and includes a lettable area of 3,552 square meters. Tenants comprise an Edeka full-line supermarket, a Rossmann drugstore, a Fressnapf pet supplies store, a hairdresser, and a Volksbank branch. Located near the A44 motorway, Düsseldorf Airport, and the city’s fairgrounds, the park offers convenient access for visitors. Mönchengladbach Property Completed in 2011, the Mönchengladbach retail park offers 3,250 square meters of lettable space across two floors. Tenants include an Edeka supermarket, a KiK clothing store, and various service providers. The site features gastronomic amenities, 96 on-site parking spaces, and spans 6,372 square meters. Its strategic location at the intersection of two major roads ensures easy access by bus and rail services. Cushman & Wakefield acted as the agent for Trei during both sales, while legal counsel was provided by the law firm Dentons.