Purchase of the Kannenstieg-Center in Magdeburg

The specialty shopping centre (Kannenstieg-Center) in Magdeburg has been acquired! The transfer of ownership occured on 1st October 2016.

The building which was built in 1999 is located in Magdeburg, in the district of Kannenstieg and was extensively modernized in 2011. The center offers a total of 28 units and 125 parking space with several strong anchor tenants such as ALDI, EDEKA and Rossmann. The size of land is ​​12,496 m² with a rentable area of ​​5,322 m².