With the recession having taken a chunk out of consumers’ pocketbooks
around the world, the retail real estate market has been struggling for
quite some time, and the situation is no different in Germany. However,
the discount retail sub-sector is thriving in the country, and
Dallas-based commercial real estate firm Behringer Harvard has
positioned itself to capitalize on related development opportunities
with the recent formation of Behringer Harvard German Retail, a joint
venture with Hanover, Germany-based real estate investment and
management company Rahlfs Immobilien GmbH.
