New letting success at the Westfalenforum in Dortmund:

Aroundtown wins Appelrath-Cüpper as tenant for 3,300 sqm

Aroundtown has successfully completed a major new letting in the Westfalenforum in Dortmund's city center, located at Kampstrasse 37-39. The renowned fashion retailer Appelrath-Cüpper will occupy a total of 3,300 sqm. This new letting marks significant progress in the repositioning and revitalization of the mixed-use property, which offers both office and commercial space.

The central location with direct access to the Kampstrasse subway station is ideal for both business people and shoppers and underlines the strategic importance of this new development for the surrounding area. The property is also characterized by its versatility and proximity to important city facilities, making it an attractive location for a wide range of tenants. The new letting to Appelrath-Cüpper, which will create a modern and attractive shopping world, will help to further revitalize the location and increase its attractiveness.

The successful new letting demonstrates Aroundtown's strength and comprehensive service. The company provides the new tenant with comprehensive tenant services, including personal contacts on site and a central 24/7 service center with trained staff.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, listed in M-Dax and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. 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 Dow Jones Sustainability Index, Bloomberg Gender Equality 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 as well as a signatory of the United Nations 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, Allianz, BNP Paribas, Japan’s Government investment fund, Alliance-Bernstein, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors. www.aroundtown.de