The former City-Passage Bielefeld with its Kaufhof department store has been integrated as a shopping location in Bielefeld’s city centre since 1977 and connects the city’s central shopping destinations.
As part of a major refurbishment project, it is now converted into a modern and attractive shopping centre destination for Bielefeld and the region of eastern Westphalia. Along with the new design and tenant mix, the shopping centre has been given a new name: Loom Bielefeld.
The Investment Strategy
- Acquired in 2011 by the ECE European Prime Shopping Centre Fund I
- Comprehensive re-development and expansion of the existing “City Passage” into a modern shopping centre
- Releasing and optimisation of the sector and tenant mix including a complete new design and attractive fashion retails and gastro concepts
- Transferred to the ECE Progressive Income Growth Fund in 2019