Brandenburger Einkaufszentrum Wust
The centre has been an established location for 27 years, but it had not received sufficient investment for some time. We changed this by converting the shopping centre into an attractive, varied and accessible family centre. In particular, the location now benefits from improved amenity quality and an expanded sector mix. Although the centre already had an appealing mix of tenants, we have added a strong anchor tenant: Having moved into 6,000 sqm, Modepark Röther will sustainably upgrade the fashion segment thanks to its vast range of brands. Further new additions to the centre include Jeans Fritz and OroVivo, while existing tenants such as Kik, Tedi and Intersport have realised state-of-the-art store design concepts and, in some cases, expanded into new space. The grand opening of the new shopping centre took place in October 2019, accompanied by a week of special offers.
Link to the website: https://www.brandenburger-einkaufszentrum-wust.de/
Location
Brandenburger Einkaufszentrum Wust
An der Bundesstraße 114776
Brandenburg an der Havel OT Wust
Shops and restaurants 46
Free parking spaces 1,800
Acquisition
Januar 2014:
JV with Morgan Stanley MSREF VII
Dezember 2016:
JV with Madison International Realty
Investment
Total investment volume
Euro 40 million
Investment volume for revitalisation
Euro 16.6 million
Total rental area
40,000 sqm