Gramercy Europe Announces the Acquisition of a €71.5 Million Retail Portfolio in Germany and the Netherlands

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NEW YORK--(BUSINESS WIRE)--Gramercy Property Trust Inc. (NYSE: GPT), a real estate investment trust, announced today that Gramercy Property Europe plc (the Fund), a Europe-focused real estate investment fund sponsored and managed by the Company, acquired a portfolio of four fully occupied large format retail stores. Totaling approximately 590,000 square feet, two of the buildings are located in Germany and two are located in the Netherlands. The facilities are leased to, or guaranteed by, Hornb

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