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Credit: MEC

MEC receives three new locations from KGAL

Property management for an area of 40,000 square meters.

MEC METRO-ECE Centermanagement GmbH & Co. KG received a property management mandate from the investment and asset manager KGAL for three new locations as of 1 December 2019. This relates to three predominantly fully let retail properties in Waiblingen, Roth and Brackenheim. The contract includes commercial and technical property management for a total lettable area of around 40,000 square meters. 

“We chose MEC because it manages properties professionally, efficiently and with high quality. We are looking forward to this cooperation,” explains Michael Hausmann, Head of Asset Management Retail & Office International at KGAL Investment Management GmbH & Co. KG.

Fully let shopping centre in Waiblingen

The largest of the three new mandates was for a multi-tenant location in Stuttgarter Strasse in Waiblingen. The location was newly built in 2016. The rentable area is approximately 29,400 square meters. The property is fully let and the main tenants are Dehner and Multipolster as well as Roller. The gastronomy is represented by KFC, a bakery and an Asian restaurant. There is also a fitness chain, a hairdresser, a kitchen studio and a nail studio at this location. Customers can park their cars on approximately 650 outdoor parking spaces.

Modern locations in Roth and Brackenheim

The location on Friedrich-Wambsganz-Strasse in Roth was modernised in 2016. The rentable area amounts to approx. 5,500 square meters, there are approx. 300 outside parking spaces available. The property is fully let.

The third location for the new property management mandate is a modern retail park, which was newly built in 2017. The property is located in Hermann-Bauer-Straße in Brackenheim. There are approx. 95 outdoor parking spaces available. The rentable area is approx. 4,900 square metres. Current tenants are Müller, Deichmann, Ernstings Family, AWG under their “Drehkreuz” label, an Asian restaurant, the AOK, a bakery and an organic market.