IKP Immobiliengruppe has brokered the extension of the lease with ZARA Deutschland for the prime location at Damm 16 in Brunswick on behalf of an institutional investor within the scope of an exclusive consultancy engagement.
The extension of the lease for the approximately 1,900 m² of the rental unit represents ZARA’s commitment to the Brunswick site in these challenging times.
“ZARA’s continued presence in Brunswick’s city centre is an important contribution to maintaining and stabilising the fashion expertise and attractiveness in this premium location, an important signal for overcoming the effects of the pandemic”, said Olaf Titze, Managing Director of IKP Immobiliengruppe in Hamburg.
About IKP Immobiliengruppe
IKP Immobiliengruppe operates nationwide and brokers real estate properties in the asset classes retail, residential, office and hospitality. Investors, owners and project developers can contact our offices in Düsseldorf, Hamburg and Berlin to arrange consultations on marketing and for collaboration in the development of concepts for the future use of the properties.
Kaiser-Wilhelm- Ring 24
40545 Düsseldorf, Germany
Phone: +49 21 1 250 000
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