Boutique Fitness Studio expands in Dresden with 801 sq m lease

Union Investment has expanded its collaboration with Lifestyle Clubs Concepts GmbH, the operator of EVO Fitness, by securing a new lease at Prager Straße 7 in Dresden. The boutique fitness brand will occupy a total of 801 sq m across two floors, with 285 sq m on the ground floor and 516 sq m on the first floor. The lease agreement runs for ten years, with the new location set to open in August.

The property, which has been part of Union Investment’s UniInstitutional European Real Estate fund since 2005, marks EVO Fitness’s continued expansion within the company’s portfolio. Following a 636 sq m lease in Wiesbaden last year, EVO Fitness now occupies a total of 1,437 sq m across Union Investment properties.

“We are pleased to strengthen our partnership with Lifestyle Clubs Concepts GmbH and EVO Fitness,” said Sven Lintl, Head of Asset Management Germany at Union Investment. “With this latest lease, the brand continues to establish itself in prime locations within our portfolio.”

Dr. Gregor Hackfort, CEO of EVO Fitness Germany, also expressed enthusiasm about the expansion: “Securing two prime locations perfectly aligns with our brand strategy. We look forward to further growing our cooperation with Union Investment.”

Prager Straße is a key commercial corridor in Dresden, linking the city’s main railway station with the historic Altmarkt. The area is home to a variety of retail outlets and hotels, making it an ideal location for EVO Fitness’s boutique fitness concept.