The future of Galerie Troisdorf is now firmly on track, following a strategic repositioning by MEC and Nuveen Real Estate. The two partners have developed a forward-looking solution for the retail center, responding to a shift in the tenant structure that made a fundamental realignment necessary. With a tailored concept, Galerie Troisdorf is being strengthened as a key destination in the Rhineland town of Troisdorf.
In response to the departure of several tenants, MEC and Nuveen Real Estate jointly explored a range of redevelopment options—spanning from mixed-use scenarios including residential components to a targeted enhancement of the retail offering. Ultimately, a clear decision was made: doubling down on retail proved to be the most viable path for the site’s future.
Two key milestones in stabilizing the location were the long-term lease extensions with established anchor tenants C&A and retail giant Müller. Both companies made a conscious decision to maintain their presence at the site—a strong endorsement of Galerie Troisdorf’s appeal and potential.
At the same time, the tenant mix has been carefully evolved. Fashion retailer NEW YORKER is making a return to Troisdorf, taking on a newly customized space within the center. In addition, a modern fitness studio will be opening its doors soon, drawing new foot traffic and appealing to a broader demographic. Several other retail units are currently in advanced leasing discussions.
“After carefully evaluating a wide range of development scenarios, the combination of retail and leisure offerings emerged as the most economically viable solution for the site,” said Carsten Grevel, Head of Retail Asset Management, Northern Europe at Nuveen Real Estate. “Together with MEC, we have created a strategy that successfully aligns the property’s potential with current market demands.”
“Our goal is not just to preserve retail locations, but to actively shape them in line with sustainable urban development,” added Matthias Essmann, Leasing Manager at MEC. “As the operating partner for asset management, we contribute not only market-driven leasing concepts, but a holistic, 360-degree perspective on each site—with a strong focus on integrating retail assets meaningfully into their urban environments.”
The repositioning of Galerie Troisdorf underscores the shared strategic vision of both companies: retail properties are not developed using a one-size-fits-all approach, but rather based on the unique potential of each location—whether through strengthening core retail or introducing mixed-use elements to support the evolution of vibrant, future-ready city centers.
