Around 5,000 sqm of lettings at “Der Clou” in Berlin-Reinickendorf: Aroundtown continues the revitalization of the neighborhood retail center at Kurt-Schumacher-Platz

Anchor tenant REWE extends its lease until 2044 and expands its space – at the same time, FitX’s new lease until 2041 marks the starting point for Aroundtown’s repositioning of “Der Clou”.

The revitalization of the former shopping center into the neighborhoodretail center “Der Clou” has begun. Aroundtown is repositioning “Der Clou” to create a focal point for the neighborhood and the local community. REWE is expanding its premises and has committed until 2044 to form a significant part of “Der Clou”. With FitX, the range of services will be expanded for the long term over a period of 15 years.

With the expansion of the REWE supermarket to around 2,400 sqm, Aroundtown has achieved an important milestone for “Der Clou”. The lease of the long-standing anchor tenant REWE has been extended until 2044. Handover of the additional space is scheduled for summer 2027. This will be followed by the fit-out and modernization of the entire REWE store.

FitX will expand the service concept by adding a sports and fitness offering: on around 2,300 sqm, fitness enthusiasts will soon be able to work out. The lease has been concluded for 15 years and FitX is expanding its presence in Berlin with another studio. FitX already operates 13 studios in Berlin; soon also at the Schillerpark Center in Wedding, which is part of Aroundtown’s portfolio. The new location at Kurt-Schumacher-Damm is scheduled to be handed over to FitX in 2026.

Alexander Pommer, Expansion Manager at FitX, explains:
“We are very much looking forward to the new studio and to being there for our members in Reinickendorf in the future. The location offers great potential to create an ideal training environment together with Aroundtown. This means that fitness FOR ALL OF US will soon also be available at ‘Der Clou’: whether in our class world, the free weights area or on the fitness floor – with a total of seven versatile FitX training zones, there is nothing left to be desired.”

“Der Clou” at Kurt-Schumacher-Damm 1–15 is an established neighborhood retail center and a central meeting point at the transport hub of Kurt-Schumacher-Platz in Berlin-Reinickendorf. Thanks to direct access to subway line U6, numerous bus lines and an on-site parking garage with around 500 parking spaces, the center is easily accessible both by public transport and by car. As part of the new Schumacher Quartier on the site of the former Tegel Airport, more than 5,000 apartments for over 10,000 people are planned in the immediate vicinity. In addition, the “Urban Tech Republic” is being developed on 3.4 hectares as a new research and industrial park, which will make the location even more vibrant and attractive.

“The new lettings to REWE and FitX mark a new chapter for ‘Der Clou’. With the revitalization, we are paving the way for a diverse new tenant mix that will offer a future-proof range of services and sustainably strengthen the location – ensuring that the center remains a vibrant meeting place in the Kurt-Schumacher neighborhood in the future,” says Kai Habermann, Regional Director North/Berlin at Aroundtown.

Aroundtown offers its tenants a comprehensive service: personal contacts directly on site as well as a central 24/7 service center with trained staff, available to commercial tenants around the clock, including weekends and public holidays. The successful new lettings underline Aroundtown’s strength and expertise in the commercial real estate market.

Center-Homepage: Ihr Shopping-Erlebnis in Berlin-Reinickendorf

About Aroundtown
Aroundtown is one of Europe's largest real estate companies, M-Dax listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany, the Netherlands and London. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as the Dow Jones Best-in-Class Index, and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB), the UN Global Compact Network Germany, Supporting member of the Society of Property Research (gif) as well as a signatory the Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. Avisco (controlled by Yakir Gabay) holds 15% in Aroundtown (date: 29.07.2022) and Stumpf Capital GmbH 10% (date: 13.11.2023). Other shareholders include Blackrock, Norges, Vanguard, BNP Paribas, AXA, Alliance-Bernstein, APG, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, Nordea, Allianz, M&G, Pictet, Credit Agricole and many other major institutional investors.
In collaboration with the ZIA, Aroundtown is actively committed to promoting innovation and the future viability of the real estate industry.

www.aroundtown.de