22 September 2023
MIMCO Capital signs with Woolworth in Lippstadt, Germany
Published
22/09/2023

The Retail Park acquired by MIMCO Capital on behalf of its "Everest One" fund, located in the heart of Lippstadt, will host the German retailer Woolworth from June 1, 2021.


For almost 100 years, the German company has revolutionized the retail industry with a wide range of products for everyday needs: home textiles, household items, fashion for women, men and children, home decoration and pharmacy products, stationery, and haberdashery. In full growth, Woolworth currently operates over 400 shops in Germany, with the aim of increasing the branch density to 800 stores throughout Germany.


A five-year firm term has been signed with the German retail chain for a surface area of 734,56 sqm.


"This space leasing will undoubtedly contribute to this asset valuation potential. Its restructuring will have required an investment, and the arrival of Woolworth's will increase the site attractiveness," says Bernd von Manteuffel, co-founder and CEO of MIMCO Capital.


"We are proud to host this brand. It is committed to saving energy for the environmental cause, which is perfectly in line with our ESG policy,” adds Christophe Nadal, co-founder and CEO of MIMCO Capital.


Located in North Rhine-Westphalia, close to Dortmund and Münster, the retail complex is very attractive, and the total surface area represents 13.388 sqm of floor space and is composed of a cinema part managed by the Canadian group "Cineplex" on the one hand and a retail park part with several well-known brands such as Deichmann, KIK, Tedi or Takko on the other hand. The center also benefits from a large public car park managed by APCOA, the N°1 car park operator in Europe.


Notre Actualité

18.06.2026

The MIMCO group is making a strong start to the season by entering directly into 2nd place in the 2026 Gestion de Fortune Rankings, in the Real Estate Private Equity category.

News

21.05.2026

MIMCO Group announces the appointment of Jorge Cunha as Managing Director – Head of Business Development Europe. In this role, Jorge Cunha will be responsible for business development across Europe and for the Group's strategic deployment on the Iberian Peninsula — Spain and Portugal. He will oversee the new offices in Madrid and Lisbon, which are set to open in the near future.

Corporate

30.04.2026

MIMCO Group has signed a preliminary sale agreement for the property located at 22 rue Bayen, in the 17th arrondissement of Paris, a stone's throw from Place des Ternes.

Announcement

02.04.2026

MIMCO announces the start of construction works at Altitude Oriente, a mixed residential programme developed in the Oriente district of Lisbon, in close proximity to Lisboa Oriente Train Station.

Announcement

Back
Scroll