As part of an exclusive consultancy mandate from the owners, IKP Immobiliengruppe advised and brokered the extension of the lease with H & M Hennes & Mauritz B. V. & Co. KG in the property Schildergasse 98-102 in Cologne's top 1a location.
With the extension of the lease for the approx. 4,400 m² rental unit, H & M is committing itself to the top 1a location in Cologne's city centre in these challenging times.
"We are pleased that we were able to contribute to creating this win-win situation through intensive consultation and negotiations resulting in the long-term extension of H & M at the location Schildergasse 98-102," says Olaf Titze, Managing Director of IKP Immobiliengruppe.
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.