Berlin,
Germany

Opening
1999

Acquisition
2013

shops
115

sales area
22,000 sqm

MEDIA MARKT • ZARA • REWE •
TK MAXX • H&M •
Greater Union (Cinema)

The Investment

Originally built in 1898 as a manufacturing site for locomotives, Hallen am Borsigturm was fully renovated and refurbished into a shopping centre and adjacent office building in 1999 showcasing the site’s unique historical architecture. Located in the district of Reinickendorf-Tegel with excellent accessibility and limited competition, the centre today serves as the prime shopping and entertainment destination for a large catchment area (912,000).

 

The Investment Strategy

  • Significant reduction of retail vacancy by adding strong anchors i.e. Zara
  • Optimisation of branch and tenant mix via active re-leasing measures
  • Completion of a planned large-scale mall refurbishment improved quality of stay, as well as an optimised lighting concept and a full revitalisation and re-branding of the centre

Address:

Am Borsigturm 2
13507 Berlin
Germany

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