Solingen Shopping Center circa 45% GLA signed (DE)

Solingen Shopping Center, a MAB Development and Sonae Sierra project, has become a major leasing success: approximately 45% GLA is already signed.

The 29,000 m² GLA shopping center situated right in the heart of the city of Solingen (North Rhine-Westphalia) represents an investment of €120 million and will serve a catchment area of around 270,000 inhabitants. The innovative and sustainable architectural concept hinges on a unique tenant-mix offering a singular shopping, services and leisure experience.

For major anchors, Saturn will offer a wide assortment of electronics with a two-level store covering over 4,600 m². The groceries specialist Edeka will cover over 3,550 m² for its store. As for dm-drogerie markt and the footwear specialist Deichmann, they will cover over 750 m² and 600 m², respectively.

Further to these anchor shops, Solingen Shopping Center will extend its offer to more tenants form the fields of fashion, cosmetics and perfumery, food retailers and other international, national and local brands in order to complete a tenant-mix that will fulfil the needs and wishes of its future visitors. Douglas will have over 275 m² while Thalia will cover around 450 m².

Fashion retailer Colloseum is present there and so is Hussel, Christ and also other new innovative concepts joined the project, bringing new and unique presences to the city of Solingen. New concepts brought to the city by Solingen Shopping Center will be Claires, Collosseum, Baci and Camp David.

The food court offer is shaped through a wide variety of concepts, from Asian (continental and sushi) and Turkish to a new light and green, healthy food concept.

"We are very happy with the excellent quality and number of tenants who have already signed leases, though construction works have just started", stated Thomas Binder, Managing Director of Sonae Sierra in Germany and responsible for Developments.

"Many more retailers are applying for stores in Solingen Shopping Center, and intensive discussions are currently underway with other potential tenants. All of that proves that we can already view the shopping center as extraordinary success".

Michael L. Flesch, Managing Director of MAB Development Germany, explained: "The innovative and modern shopping center concept we are bringing to Solingen comes together with a unique tenant mix that turns Solingen into a stronger shopping magnet for more than 270,000 inhabitants in the catchment area. We are now working so as to provide the appropriate tenant mix that meets our customer demands for modern shopping, services and leisure."

The 29,000 m² GLA shopping center, planned to open in autumn 2013, will offer visitors an attractive tenant mix of leading international and national brands as well local tenants, well integrated within a sustainable development concept, giving rise to will the main attraction point in the center of Solingen.

Source: Sonae Sierra

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