Aroundtown prolongs lease for 6,400 sqm with anchor tenant Kaufland in the Schönebeck (Elbe) retail park

Sustainable revitalisation measures planned at the Calbesche Straße location

Aroundtown is further expanding its long-term collaboration with anchor tenant Kaufland, a well-known retailer at the property located at Calbesche Straße 31 in 39218 Schönebeck (Elbe). The space used by Kaufland comprises nearly 6,400 sqm.

The extension of the anchor tenant’s lease goes hand in hand with the revitalization of the property. Plans include, among other measures, the installation of a photovoltaic system and electric vehicle charging stations. This will position the site for the future, both ecologically and economically. The retail park also benefits from excellent transport connections via the A14 federal motorway and offers ample customer parking.

“The long-term perspective at this location provides planning security and enables us to make further investments in an attractive, sustainable, and energy-efficient store. This ensures that we will continue to provide reliable local supply for our customers in the future,” says Daniela Rauschenbach, Senior Project Manager Real Estate Portfolio Development at Kaufland.

“The Schönebeck retail park is an important and well-established location for regional local supply. The long-term collaboration with Kaufland, along with the modernization measures already implemented, underscores the quality of the property and the stability of its tenant structure,” says Hendrik Kretzschmar, Asset Manager at Aroundtown.

German and international retailers value the diversity and quality of the offering at the site, which provides visitors with a comprehensive shopping experience at the Schönebeck retail park.

The lease extension with Kaufland aligns with Aroundtown’s sustainable leasing strategy and highlights the importance of stable anchor tenants for the continued development of retail properties. Aroundtown provides its tenants with comprehensive services, including dedicated on-site contacts and a central service center for commercial tenants available around the clock. The lease renewal demonstrates Aroundtown’s market expertise and strengthens the long-term prospects of the Schönebeck (Elbe) location.

About Aroundtown
Aroundtown is one of Europe's largest real estate companies, MDAX 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