The fully let property with a gross lettable area of 4,652 sq m is located in the highly frequented pedestrian zone at Hauptstraße 9-13, which is one of the longest pedestrian zones in Europe. The property was acquired from a Signa property company.
As an existing tenant, dm has been operating a drugstore in the property since July 2023 and is securing the location for the long term with the acquisition. Other tenants in the property are Only, Paper & Tea and the Basic-Fit fitness studio.
ambas managed the transaction process for dm and carried out the commercial due diligence. The seller was advised by Lührmann Düsseldorf. The parties have agreed not to disclose the purchase price.
