Compared to the previous year, this represents an increase in leasing performance of 26,000 sq m. The retail partners with whom MEC was able to conclude contracts include Globus, Kaufland, TK Maxx, SiNN, Ernsting’s Family, Woolworth, Modepark Röther, and Rusta.
The retail real estate specialist was able to successfully implement the professional revitalization and reletting of former spaces at ten locations last year. In almost all cases, the space sizes were adapted to current requirements. A good example of how MEC is successfully developing its retail locations even in an increasingly challenging environment for stationary retail is the Löwen Center Leipzig in Germany. At this location, the interdisciplinary MEC team was able to successfully conclude the re-letting of the former real surface area following withdrawals. After Kaufland had already opened in 2021, two additional retail spaces were created, for which Aldi and the bicycle retailer Multicycle were won as new tenants. Both retailers will open in 2023 so that local consumers will be offered an even more balanced tenant and sector mix in the future.
“By creating and implementing an individual reletting and property strategy, we were able to position Löwen Center and our other locations with stable value for the future. The retail properties with a strong new food anchor are performing particularly well,” says Christian Thiele, Head of Leasing Management at MEC.
The retail real estate specialist relies on close dialog with its clients when developing locations. This has also resulted in various consulting mandates that were successfully implemented in the form of reletting concepts. “The renewed leasing success is primarily due to the goal and solution-oriented cooperation of all parties involved. In addition to leasing expertise and creative approaches, reliable local and nationwide networks that have grown over the years are needed in the market now more than ever. Since our 14 leasing experts have all of this at their disposal, we can continue to exploit the full potential of the locations entrusted to us,” says Thiele.