Retail Real Estate Outlook 2021

The transformation and modernization pressure on retail real estate in Germany is increasing. For the next few years, experts expect a wave of transformations, restructurings and conversions, especially for larger inner-city retail properties such as shopping centers and department stores.
Shopping Center THEO in Husum celebrates its first anniversary

The THEO Shopping Center in Husum on the North Sea coast is celebrating its first anniversary: on October 9, 2019, the inner-city shopping center developed by Girlan Immobilien Management opened on the former Hertie site.
Flying tenants on the roof

On the roof of the “Stadtquartier Overbergplatz” in Dülmen, which is managed by Girlan Immobilien Management on behalf of the owner, there are now eight bee colonies with a total of around 200,000 bees.
Stadtquartier Overbergplatz in Dülmen

Girlan Immobilien Management, a leading specialist in retail and commercial properties, is managing “Stadtquartier Overbergplatz” in Dülmen, North Rhine-Westphalia, on behalf of the new owner, a Bavaria-based family office. Responsibilities include centre management, technical property management …
New Owner: Girlan Immobilien Management

Prelios Immobilien Management, a Hamburg-based company specialising in retail real estate, was sold to Girlan Limited and its name changed to Girlan Immobilien Management, effective immediately. The previous owner, Prelios S.p.A. in Milan, divested itself of all shares in order to focus more closely on its Italy business in future.
Libori Galerie Launches Major Christmas Charity Campaign “Kinderlachen” for Local Projects and Institutions

Hamburg / Paderborn, November 21, 2019 – As part of its “Kinderlachen” Christmas charity campaign, Libori Galerie in Paderborn will donate €6,000 to support local projects and organizations benefiting children. What makes this initiative special is that the public can participate: From December 10 to 19, all interested individuals can vote on Libori Galerie’s Facebook […]
What Do Cities Need in the Digital Age?

Last week, the “Live City Summit” convened in the northern German town of Husum as a political event to mark the opening of the THEO shopping centre, with around 120 guests in attendance. It centred on the question of “What Do Cities Need in the Digital Age?” and included key notes by Dr. Bernd Buchholz (Minister of Economic Affairs of the Federal State of Schleswig Holstein) …
CORESTATE and Center Manager Prelios reduce 5,000 m2 vacancy

Giessen/Frankfurt/Hamburg, 28 October 2019. The revitalisation of the “Galerie Neustädter Tor” shopping centre in Giessen / Hesse has reached its next milestone as planned. Today, Woolworth opened its new store and range concept on an area of around 1,400 square metres. To date, leases have been signed for more than 5,000 square metres of vacant […]
Grand opening – 35,000 visitors

Hamburg/Husum, 11 October 2019. Some 35,000 visitors joined guests from politics, business and the public sector to celebrate the opening of Husum’s new THEO shopping centre on 9 October. At times, THEO had to be closed to new visitors due to the large crowds. The shopping centre in the heart of Husum – the […]
Grand Opening of THEO Shopping Center in Husum Attracts 35,000 Visitors
Rund 35.000 Besucher sowie Gäste aus Wirtschaft, Politik und Verwaltung haben die Eröffnung des neuen Husumer Shopping Centers THEO am 9. Oktober gefeiert.