Since 1st March 2017 the HD Group has expanded even further by setting up its subsidiary, HD Handelsimmobilien GmbH (HDHI), and is pushing ahead with the development of its own retail real estate as well as the development of a retail portfolio of EUR 60 to 80 million.
With the expansion of the retail real estate business within HDHI, the HD Group’s range of services has been expanded and the retail experience substantially strengthened.

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.