Unibail-­Rodamco takes over management of Leine Center Laatzen

Shopping center company from Düsseldorf announces new addition to portfolio As of the first of April 2018, Unibail-­Rodamco Germany takes over the center management of the Leine Center in Laatzen by order of its owner CBRE Global Investors. The shopping center has about 100 shops on two floors and is directly connected with the northern inner-­city of Hanover.

“The Leine Center in Laatzen is another important element for our strategic orientation and a strong addition to and further development of our asset management portfolio“, says Andreas Hohlmann, Managing Director of Unibail-­Rodamco Germany. “We are delighted that we could win our partner CBRE Global Investors’ confidence once again and are convinced that we will manage the center successfully in the future.“

The Leine Center opened in 1973 and has a total area of 39,000 square metres, which was lastly extended in 2011. It is located in the heart of Laatzen and provides the surrounding population with a wide range of goods and services. This central role will be strengthened and expanded by Unibail-­Rodamco.

Unibail-­Rodamco is responsible for the entire value chain: from property management to leasing to center and facility management. The initial focus is on the specification of the strategic positioning of the center. Unibail-­Rodamco will develop a customised action plan, which will be implemented in the short term and further strengthen the center’s profile.

“We will focus on the continuous optimisation of the Leine Center in terms of design, marketing and tenant mix in order to persistently enhance the quality of stay“, says Stéphan Lett, Director Asset Management at Unibail-­Rodamco Germany. “Our medium-­ term goal is to strengthen the center’s role as attractive shopping destination and social meeting place for the residents and visitors. The characteristic features of the city of Laatzen and the whole southern region of Hanover serve as inspiration.”

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