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Investors to magically

July 8, 2010

Forefront of street signs

In current top rents to 215 € / m², the situation shows, in very solid shape. A number of project developments underscore Tiffany diamond the importance of Germany’s outstanding shopping and the high expectations of investors. A chain stores by nearly 90 per cent shows the high tenant demand.

The new construction of office and commercial Schildergasse 84a / corner cross street has begun. When completed in summer 2011 a total of 3740 m² gross area available, of which approximately 1780 m² of retail. As an anchor tenant is already fixed, the French fashion brand Promod, which will be present to around 785 m² of retail space.

Directly opposite the planned Fielmann louis vuitton bags Supercenter being built on the land currently used by leather goods Nierhaus Schildergasse 86-88. The start of construction takes place in early autumn. From 2011 onwards, Fielmann presented at six levels and 850 square meters of floor space.

Another new addition is the Swedish Damenmodefilialist Gina Tricot, which starts in autumn with a 1,000 square meter flagship store in the 52’s Germany Schildergasse expansion. In addition, Huber Hall has taken over the Puma area and opens up to around 1200 m².

High street convinced with high frequency

With prime rents up to 210 € / m² the High Street Cologne second top location. It connects the Duomo and central station with the signs true religion rainbow and lane guidance for their consumption is a popular tourist shopping destination. Like the High Street is one street signs regularly among the ten most-visited shopping streets in Germany. About 85 percent of the total of 120 commercial premises are rented to store concepts.

The newly developed office building is fully leased 69-71 High Street. Anchor tenant in the retail sector is Esprit. Also a new store opened the jeans label Levi Strauss in the High Street 66-82. The High Street Project 67, the Avanti was originally intended as a tenant, will continue as a C & A building. Other new leases are the Bonn Bul Fashion GmbH in the former The Phone House area, Hohe Strasse 84-86, and the Young Fashion specialist review, the end of March, a store in the building and rented 111a High Street has taken over the former dress-man space .

Honorary street continues change

Marc Quest, head of retail leasing at Jones tiffany jewellry Lang LaSalle in Cologne: “The honor of the street is promoted in Cologne shopping. In the last ten years, the previous scene has grown to three miles Cologne top shopping street. Since 2003, rents increased by around 40 percent and up to date reach up to 105 € / m². With rising around 70 of the 100 shops of store concepts will be demonstrated. This does not mean uniformity - the situation is similar to that of international and individual fashion concepts such as Hackescher Markt in Berlin as a test market valued for their expansion. “

Last rented the H & M’s subsidiary Weekday her to Hamburg in Germany second shop of the fashionable concept for urban women and men. Also new is the first German single-brand store, the cult brand is True Religion in honor of the street 27a. For modern surfaces is provided in the future. Currently being built in honor of the new commercial road 100 “E 100″ that will provide at the end of 2010, approximately 440 m² of retail space.

Wide road continues to attract interesting brands

After the glory road is the road width of around 110 shops, the situation with the second highest Mietzuwächsen. Since 2003, the rent by over 20 percent currently to 85 € / m² increased. The development of the situation is very positive and promising further potential. Various development projects and recent rentals at Barbour Street in the object width 169 and the outdoor specialist Mammut Sports contribute to the strengthening.

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