The retail sector is extremely complex and subject to rapid change. The key to the success of both inner-city retail, as well as retail space at large shopping centres or retail parks, is professional, forward-looking and agile management. That is something we can deliver.
Our team of highly qualified retail property specialists has a very keen eye for location- and user-specific requirements, observes trends and has a high level of professional and leasing expertise. We derive value appreciation potential for the respective properties from market developments and the demand for space.
Together with our experienced centre managers, we consistently meet high quality standards for our more than 2,300 tenants. By doing so, we also ensure the long-term attractiveness of our retail locations.
Whitewater Shopping Center, Newbridge
Schloss Arkaden, Braunschweig
Mahon Point Shopping Center, Cork
As an asset manager with years of experience, we know that creativity, versatility and a spirit of partnership with our tenants make all the difference when it comes to a retail property’s acceptance among customers and tenants alike.
Stefan LeyrerHead of Real Estate Management Retail
Schloss Arkaden – sightseeing and shopping in historical ambience
The refurbished Residenzschloss in Braunschweig, which was built in 1841, has been home to Schloss Arkaden since 2007. Visitors access the shopping centre through the imposing main gate of the refurbished castle.
The castle and the 30,000-square-metre shopping centre have turned out to be an impressive success story for both the city and its CBD-based retailers. The centre was renovated in 2017 and 2018 to sustainably enhance its appeal by adding a new mix of stores and services that is tailored exactly to the needs of shoppers in the catchment area. Schloss Arkaden offers a wide range of shops, including Elbenwald, Adidas, Swarowski and Depot, as well as trendy new stores with brands like Thomas Sabo, CK underwear, Rituals, Nespresso and Superdry. The centre features a green roof that acts as a natural habitat in the middle of the city.
The green roof provides insulation in winter and protection from heat in summer, helping reduce energy consumption by acting as a natural air conditioning system. The building is also home to popular cultural amenities and public services, such as the local library, the town archives and the castle museum.
Schloss Arkaden is the product of a lastingly successful partnership between a city, customers and a centre manager.
Stroll, indulge and spend some time at Akropolis
The recipe for success? Never be boring. Successful shopping centres are more than just a place to shop. Their strengths include their ability to evolve into places where people want to spend time and relax. In doing so, the centres remain attractive for customers and tenants alike while retaining their value for investors.
With dining and entertainment options gaining importance, both factors played a major role in enhancing the Akropolis shopping centre, which was built in April 2007 in the CBD of Kaunas, Lithuania.
The dining and entertainment area – which formerly measured around 10,000 square metres – was reopened in 2019, featuring a completely revised, new and contemporary design and some 25 new tenants. Measuring 1,200 sqm, the unique marketplace forms the centrepiece of the new concept and serves as a space for various shows and events, making it a fresh point of interest at the mall. The Kakė Makė children’s area, named after one of the most popular children’s book characters in Lithuania, is bound to be included in any family shopping outing. Culinary diversity is assured by 13 new and trendy eateries and café concepts.
By expanding the centre to include contemporary dining and entertainment options in particular, we have laid the foundations for the continued success of Akropolis. Architecture, shopping and services make the centre the heart of city life.
Hendrik HöppnerAsset Manager
The beating heart of historic Karlsruhe
The ETTLINGER TOR in Karlsruhe is the beating heart of the historic city – a magnet for shoppers and fun-seekers with a cosmopolitan flair. The city centre location on Rondellplatz square offers top-rate public transport connections through the Ettlinger Tor suburban train station and is easily accessible by car or bike. On three levels, the glass-roofed arcades have a total sales area of around 37,000 sqm. A total of 130 shops, from chemists to clothing stores – as well as a wide range of restaurants, cafés and bars – attract an average of well over 20,000 visitors every day.
One of the largest inner-city shopping centres in southern Germany, ETTLINGER TOR not only offers an attractive range of goods and services, but also features impressive energy efficiency and an appealing atmosphere. The ongoing optimisation of our portfolio properties is a core element of our success story. As part of those efforts, the Zara store there will be expanded into a modern flagship store by 2025. With a new shop design concept, it will showcase women’s, men’s and children’s fashion in a space of 3,600 sqm. To do so, the spaces on the ground floor and first floor of the centre will be merged with adjacent ones and undergo extensive structural and technical renovation. The grand opening is planned for spring 2025. In addition, a comprehensive restructuring of the tenant mix is scheduled for completion in 2026.
The expansion of the Zara store is a milestone in our long-standing partnership with the Inditex Group and is representative of the ongoing enhancement of the ETTLINGER TOR location.
Peter KretschmerAsset Manager
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Heike DenfeldHead of Management Real Estate Services International
