Esslingen///Germany – IPH Gruppe will assume full center management of the Esslingen shopping center DAS ES! effective July 1, 2026. The mandate covers technical and commercial property management, day-to-day operations, and leasing. The shopping center spans nearly 23,000 square meters and combines traditional retail with office space and a medical center. It has been part of Union Investment’s open-ended real estate fund UniImmo: Deutschland since 2015.
“IPH convinced us with their methodical approach and their ability to develop asset-specific solutions. We are confident the center is in very good hands for its future positioning,” said Carsten Freitag, Head of Asset Management Retail at Union Investment.
“We are very pleased about the trust Union Investment has placed in us with this mandate. DAS ES! impressively demonstrates that high-performing retail destinations can be established in mid-sized cities as well. With a tailored asset and leasing strategy, we intend to further optimize space performance and the tenant mix.”
Lars Jähnichen, Managing Director of IPH Gruppe
DAS ES! is centrally located directly opposite Esslingen train station, with strong accessibility by both private and public transport. The center offers retail across two levels with a broad mix of uses, ranging from fashion and apparel to drugstore and health offerings, an organic supermarket, and consumer electronics. The retail component is complemented by a range of medical practices and additional office tenants.
(dp)
