Potsdam,
Germany

Opening
1996

Acquisition

2011

shops

92

sales area

56,000 sqm

MEDIA MARKT • P&C • Edeka • TK MAXX • C&A • H&M

The Centre

Stern-Center Potsdam is an established, dominant and well-branded super-regional prime shopping centre.

Due to its size, prime location with easy accessibility, and strong and well-diversified tenant mix, the centre has become the prime shopping destination for a very large catchment area comprising Potsdam, south-west Berlin and parts of western and southern Brandenburg (in excess of 840,000 inhabitants).

The Investment Strategy

  • Acquired in 2011 by the ECE European Prime Shopping Centre Fund I
  • Strong operational value creation since acquisition:
    • Acquired adjacent building including anchor tenant (C&A)
    • Increased centre occupancy to 100%
    • Continued tenant optimisation
  • Further upside expected following the completion of a planned mall refurbishment and restructuring/ re-leasing of units
  • Transferred to the ECE Progressive Income Growth Fund in 2019

Address:

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