REWE as new anchor tenant in Berlin's Marktplatz Center Hellersdorf: Successful new letting by Aroundtown as the cornerstone of the centre's revitalization

With the new letting to REWE, Aroundtown has gained a long-term anchor tenant in the Marktplatz Center Hellersdorf in Berlin. The lease agreement for around 3,700 sqm of retail space has been signed for a long-term period. This new lease lays the foundation for the revitalisation of the Marktplatz Center Hellersdorf in the Berlin district of Marzahn-Hellersdorf. With this success, Aroundtown is reaffirming its commitment to the further development of the centre and the sustainable strengthening of the location.

The retail area of the Marktplatz Center Hellersdorf at Stendaler Straße 24 will comprise around 16,000 sqm of retail space with approximately 25 tenants in its new alignment. The central location and good accessibility by public transport make the centre an important local supply location. In addition, there are sufficient parking spaces available for visitors in the centre's own car park.

The new REWE store is part of a comprehensive revitalisation concept that includes the modernisation of the ground floor and upper floor areas. The aim is to make the centre more attractive to visitors by offering a range of goods and services for daily needs that are tailored to the needs of customers, and to enhance the quality of the visitor experience through an appealing design and a varied gastronomic offering.

With the establishment of a strong anchor tenant, Aroundtown is emphasising the strategy of positioning the centre as a central point of contact for the neighbourhood and district in the long term. Numerous expressions of interest in the remaining space underscore the importance of the realignment begun with REWE.

Further information: https://marktplatzcenter.com/

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 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