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ACROSS

January 10, 2024

back from left to right: Anna-Katharina Skrzipek, Senior Asset Manager, URW / Simon Splittgerber, Asset Management Retail Deutschland, Union Investment front from left to right: Olaf Ley, Director of Investment Austria & Germany, URW / Andreas Hohlmann, Managing Director Austria & Germany, URW / Ralf Schaffuss, Leiter Asset Management Retail Deutschland, Union Investment / Lars Richter, Head of Asset Management Retail, Union Investment // credit: Union Investment

Union Investment and Unibail-Rodamco-Westfield extend long-term management contracts for three major retail real estate assets in Germany

Unibail-Rodamco-Westfield (URW) and Union Investment have maintained a very successful partnership for many years in relation to Köln Arcaden, Riem Arcaden in Munich and Spandau Arcaden in Berlin, which are among the leading retail properties in the sector. With the management contracts, which have now been extended ahead of schedule on a long-term basis, the two companies are once again confirming their cooperation and creating a long-term joint perspective for the three top assets. In future, the focus will be on further optimising the tenant structure in line with the major sector megatrends as well as on mixed-use components and sustainability measures.

credit: Umbdach/CBRE

LE BIG TAMTAM IN HAMBURG: A COLORFUL GASTRONOMIC EXPERIENCE IN A CLASS OF ITS OWN

“Le big TamTam” is an extraordinary project in the heart of Hamburg’s city center that combines culinary diversity, entertainment, and modern shopping – all within a heritage-protected building. A colorful food market, complete with an event stage and central bar, is being developed on an area of 2,000 sq m in the basement level of Hamburg’s Hanseviertel district. Extensive remodeling work has been underway since last year. The team at umdasch The Store Makers is responsible for general contracting work and furniture construction for this flagship project.

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Retailtainment: How To Increase Experience Per Square Meter
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Go to Special