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The lifestyle brand BUTLERS will open a new store on the Anger in Erfurt in the course of spring. The previous tenant was Burger King. LÜHRMANN advised on the rental. The shop is currently being rebuilt at the highly frequented intersection of Anger, Bahnhofstrasse and Schlösserstrasse. In the future, BUTLERS will present its extensive range of table ideas, home accessories, decorative items and gifts on around 250 square meters of retail space on the ground floor. Overall, the company with its headquarters in Cologne and subsidiaries in Basel and Vienna operates over 120 branches in eleven European countries. In addition, Butlers offers its articles online and across Europe at over 5,000 external points of sale.

Yesterday Sven Sontowski joined the management of the Sontowski & Partner Group. The 36-year-old will be together with Dr. Henrik Medla will steer the repositioning of the group and drive the further expansion of their operational investments. He will also be responsible for the development, investor relations, human resources and corporate communications divisions.

The Dahlke Family Holding recently acquired another retail property in Bad Bentheim. The property, which was built in the late 1990s, is located on a plot of almost 7,000 square meters in an ideal commercial location, near the Dutch border. The approximately 1,400 square meter rental area was originally used by Lidl as a discounter and subsequently sublet to the Jawoll special item market. When the main lease with Lidl expired, a new tenant for the property was found in the Thomas Philipps special item market. The new opening will take place towards the end of the first quarter. The future asset management of the property is the responsibility of DRIA GmbH.

Colliers International advised on the sale of Kaufland in Auerbach in Saxony to Kaufland Immobilien. The closing took place at the turn of the year. The property, built in 1996 and modernized in 2015, is located in the municipality of Auerbach / Rodewisch in the Vogtland district and is long-term let to the leading hypermarket operator Kaufland. The seller of the property is Treveria Sixteen S.à.r.l, which was advised exclusively by Colliers International. Dentons provided legal advice to the seller, while Corestate was responsible for asset management.

Galeria Karstadt Kaufhof apparently receives funding from the state economic stabilization fund. According to various media reports, the WSF committee has approved a subordinated loan in the amount of 460 million euros, which, however, is supposed to be subject to strict conditions. The offer of help is now before Karstadt Kaufhof for a decision. The federal government launched the WSF last spring on the occasion of the corona pandemic in order to protect large companies from bankruptcy through state aid.

On the occasion of an investigation by the retail specialist COMFORT of the daily number of pedestrians in German shopping cities collected by hystreet.com, it turned out that the numbers for the Düsseldorf city center remained relatively stable even under the influence of Corona.

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