Find in the news:
BY COUNTRY

Catalyst Capital buy Erfy Karree Kerpen retail park in Cologne



European real estate investment firm Catalyst Capital has bought the Erfy Karree Kerpen retail park in Cologne for a sum amounting to €55 million ($62 million).

The park is located 25 kilometers to the east of the German city of Cologne and was sold by the Nesseler Grünzig Group which is based in Aachen, Germany.  The purchasing company stated that they had made the deal in partnership with an overseas investor that has been targeting assets in Germany for purchase.

Erfy Karree Kerpen retail park covers an area of 55,000m2 and enjoys good transport links to the city center in Kerpen. Among the big brand outlets here are the DIY store OBI, furniture retailer Roller and the consumer electronics outlet Saturn.

It is a relatively new shopping destination, having been constructed in different phases during the period from 2010 to 2012. The majority of the stores in the center are single story units, while the average unexpired lease term right now is around 8 and a half years.

The Third Big Acquisition in a Year

Catalyst has announced its intentions to work closely with the local authorities in order to help the shopping center grow in the future. This is the 3rd new property acquisition carried out by the company in recent times in conjunction with its overseas investing partner. In the last year the firm has bought Carl-Ulrich-Strasse 4 in Neulsenburg for €20 million ($25 million) and Eschersheimer Landstrasse 50 in Frankfurt for €16 million ($20 million).

Kean Hird is the Catalyst partner in charge of the German and Polish territories. He said that this is a “classic Catalyst Capital acquisition” in that they are purchasing an investment that is in a good location and while will allow them to use their asset management skills to add value through the likes of rental uplifts, the development of new units and the repositioning of some of the existing units.

More about shopping malls in Germany



YESTERDAY, Italy:
Fendi Casa is starting a new stage of life and hopes that the partnership with Italian Design Holding will strengthen the position of the luxury furniture brand in the world market.
YESTERDAY, Sweden:
The long-awaited scheme to buy back and resell used furniture is expected to reduce the number of items sent to landfills.
DAY BEFORE YESTERDAY, China:
According to the concept's authors, shopping malls don't have to be "bright, white, and shiny," according to the authors of the idea.
DAY BEFORE YESTERDAY, USA:
After a video of a drone flying through a bowling alley went viral, mall executives invited its creators to make a video about the mall.
Apr 30, 2021, USA:
The store is just full of experiences, with little visitors and their parents having plenty of fun and entertainment.
Apr 29, 2021, USA:
Although restaurant operations have been suspended in many countries, the U.S. divisions of popular restaurant chains report revenue growth.
Friend
and Follow
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us