The IPH Group consisting of IPH Handelsimmobilien and IPH Centermanagement is consistently continuing its strategic growth course regardless of the effects of the corona pandemic. The nationwide leasing performance in 2020 amounted to over 200 leases with a total area of 54,950 square meters. This was almost a third higher than in 2019 with 41,500 sqm. The lettings concerned both classic retail and catering space and retail-related services as well as various leisure activities such as fitness. Due to the good order situation, the group expects further growth in 2021, which will be supported, among other things, by various large projects in Munich and Stuttgart in the various retail asset classes high street, shopping center and specialist market center.
The “Fahrrad Magdeburg Büchner GmbH” based in City Carré was looking for an additional location to open the first “CUBE Store” in Magdeburg. Aengevelt looked after the company comprehensively and brokered a long-term lease agreement for around 1,650 square meters of sales and workshop space in the listed property “Russian Bakery”, Halberstädter Strasse, in the Magdeburg district of Sudenburg. The property is managed by Prometheus Property Management GmbH. The rental period starts in spring. The CUBE brand is one of the few family-run, large bicycle companies with currently more than 70 license partners nationwide.
Redevco Services Deutschland GmbH presents a new tenant in the retail park in Gründau-Lieblos near Hanau: Fritz Frank Shoes and Sport KG, Bretzenheim, has recently rented two areas of around 2,400 square meters there on a long-term basis. Fritz Frank operates more than 40 specialist shops in the areas of shoe and sports fashion (e.g. Frank Schuh Palast, Sport Fink, Quick Schuh) and employs over 400 people. The retail park in Gründau-Lieblos, around 25 minutes from Frankfurt am Main, comprises five retail units on a good 21,000 square meters and has around 600 parking spaces.
Dr. From March 1st, Markus Trost (48) will head the JLL branch in Munich and thus also the representative office in Nuremberg. The architect and real estate economist has been responsible for the Project & Development Services team at JLL in the South region since 2015. He will continue to perform this function in his new role. Before joining JLL, Trost worked as a project coordinator for investment management at MEAG and on the management board of WSP Deutschland AG in Munich. Trost takes over this role from Dr.