Erlangen Arcaden is a well-established inner-city shopping center with a good tenant mix (Saturn, Tegut). The centre has recently been refurbished. It attracts approx. 8.8m visitors p.a., generating a total of EUR 85.4m (3,636 EUR/sqm) turnover. Erlangen Arcaden increases the retail offer and attracts additional customers into the city centre.
The Investment Strategy
Centre offers a good track record with a stable footfall and sales turnover
The envisaged construction of a FoodHub on the first floor will additionally increase the future market position and enhance the quality of stay
Centre will generate a high cash flow yield due to its inner-city centre location in a strong German city