IKP Immobiliengruppe acted in an advisory capacity for the owner and the subtenant Woolworth in concluding a principal lease for the Neumünster store at Grossflecken 14.
Woolworth was already operating on a total rental area of approximately 2,300 m² in the property where it was previously a subtenant of H&M.
“We are delighted to have been able to help both Woolworth and the owner at the Neumünster location to secure a new long-term principal lease”, said Christoph Hausbrandt, Head of Retail at IKP Immobiliengruppe in Düsseldorf.
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.