Today, October 9, Sonae Sierra and its partner Foncière Euris open LOOP5, whose motto is the world of aviation. With 56,500 m² GLA, visitors are welcomed with an attractive tenant mix comprising 177 shops and restaurants made up of leading international and national brands as well as local tenants. Owned and developed by Sonae Sierra (50%) and Foncière Euris (50%) the LOOP5 shopping center represents an investment of 265 million and will create 1,000 jobs.
LOOP5 represents an investment of 265 million.
"The opening of LOOP5 is a significant milestone in our German market growth," states Álvaro Portela, CEO of Sonae Sierra. "All Sonae Sierra centers provide a fascinating shopping and leisure experience and I am sure that LOOP5 - with its innovative concept - will also be a major success."
Aviation is the central topic of LOOP5. And there are several reasons for this: Weiterstadt is close to Frankfurt Airport. Furthermore, Darmstadt is home to the control center of the European Space Agency, ESA. Internally and externally, visitors will find numerous and diverse design highlights which references to the world of aviation. Beside the significant exterior appearance close to the A5, this includes a corridor in the design of the "Jet-Age", leading from the "Contemporary Aviation" area to the "Pioneers of the History of Flight". With its themed centers, Sonae Sierra creates fascinating environments in which people not only shop, but also love spending their leisure time.
A permanent feature of the Sonae Sierra strategy is to create a tailor-made fully-comprehensive offering comprising retail, services, restaurants and entertainment for the entire family using innovative concepts. LOOP5 is a reflex of this and has a tenant mix that comprises high-end national and international brands as well as medium-sized regional retailers. The anchor tenants are Peek & Cloppenburg, C&A, H&M and Saturn. But LOOP5 is also offering space to local retailers, for instance the jeweller Techel, the toy store Faix & Söhne and the Vereinigte Volksbank Weiterstadt. 17 restaurants and coffee shops will provide diverse culinary delights.
A Green Shopping Centre
As in the case of all Sonae Sierra Shopping centers, LOOP5 is also being constructed according the Company Environmental Management System (EMS). Through the application of this strategy LOOP5 construction phase was certified in accordance with the ISO 14001 environmental standard. The objective of the Sonae Sierra Green Centres concept is to minimize the environmental impact resulting from the construction and operation of new shopping centers.
Source: Sonae Sierra