Prelios management contract for LAGO Shopping Center extended

Prelios management contract for LAGO Shopping Center extended

Published at: 2019-01-25 08:36 | Author: CIJEurope.com
Prelios Immobilien Management will continue to serve as property manager for the LAGO Shopping Center in Constance, southern Germany. The company, which has managed the 27,500 sqm shopping center since it opened in 2004, renewed the service agreement with Union Investment. Over the last few months, Prelios has secured 20 leases over the last two years. The most recent tenant deals were signed with Marc Cain, GANT and Levi’s, which will open for business by the second half of 2019. A number of upgrades are planned for 2019, including a new lighting and ceiling concept. The center averages more than 10 million visitors a year.

Similar Stories:

Warburg- HIH Invest secures new commercial building in Bonn
Warburg-HIH Invest acquired a fully-occupied 1,908 sqm commercial building in the city of  »
Multi Poland to manage 3 Stawy shopping center in Katowice
Union Investment has appointed Multi Poland manager of its 3 Stawy shopping center in Kato  »
Penny Market to expand Romanian network in 2019
Penny Market is planning to open between 20 to 25 new stores across Romania this year. The  »
Czech investors could push for Metro AG management change
The upcoming shareholders meeting for German retail giant Metro AG is shaping up to be a l  »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »
How has ParkLake performed over the last two years? ParkLake has performed increasingly p   »