Another letting success for Union Investment in Essen: Sports specialist Intersport Voswinkel has secured 2,000 square metres on the first floor of the Limbecker Platz shopping centre for ten years. The first floor is now fully let again. Overall, 50 per cent of the space previously occupied by the insolvent anchor tenant Galeria Karstadt Kaufhof has been re-let in a short period of time. The shopping centre is part of the portfolio of the open-ended real estate fund UniImmo: Europa.
Galeria Karstadt Kaufhof had rented around 19,000 suqare metres on four floors at Limbecker Platz and filed for insolvency at the beginning of January 2024 for the third time since 2020, terminating the lease. The lease originally ran until the end of June 2030. The space is now to be divided into five to six sub-areas and rented to several concepts.
Source: realestate.union-investment.com on the 10 March 2025
https://realestate.union-investment.com/en_GB/media-center/press-releases/letting-limbecker-stra%C3%9Fe-essen