Shopping center and office I Gladbeck, Germany (North Rhine-Westphalia))

Located in the city center of Gladbeck, in the state of North Rhine-Westphalia in Germany, this mixed retail and office complex represents a surface area of approximately 15.000 sqm of leasable space, of which 10.300 sqm are for retail use and a fitness center managed by the operator McFit. A further 4.700 sqm is used for offices and training areas. The Glückauf-Center also has a 260-space parking lot in the city center, which will be completely renovated and managed by a specialized operator.

A complete restructuring of the shopping center is planned over a period of 12 months and the total investment for this operation amounts to 13.5 million euros.

A 15-year firm lease for an annual rent of €500.000 was first signed with the food retailer REWE on a surface area of 3.400 sqm. Then 3 leases of 10 years were signed with the leading brands ROSSMANN (cosmetics and household products), ACTION (hard-discounter) and KIK (textile discounter) for surfaces of 876 sqm, 1.800 sqm and 674 sqm.

Key figures

  • 06/2019
  • 14.447 sqm
    Usable area
  • 13.5 M€
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