Art-Invest Real Estate Signs Two New Restaurant Leases at MARKT1 in Essen

Art-Invest Real Estate has signed two new restaurant leases at the MARKT1 mixed-use property at Kennedyplatz in Essen, expanding the scheme’s food and beverage offering in the city centre.

The new long-term leases cover approximately 1,450 sqm. Mexican restaurant concept Tacolicious will occupy around 1,100 sqm with a taqueria and cantina format inspired by San Francisco dining concepts, while Asia Delight GmbH will take over a 350 sqm unit previously occupied by Sixth Sense.

Asia Delight plans to introduce a Korean BBQ and soju bar concept at the location, replacing the former tenant after 17 years of operation.

According to Art-Invest Real Estate, the new agreements form part of the ongoing repositioning of MARKT1, with the property focusing on a mix of restaurant and retail uses in a central, high-footfall area of Essen.

Arne Hilbert, Managing Director and Head of NRW at Art-Invest Real Estate, said the new restaurant concepts would support the long-term positioning of the property and strengthen its tenant mix.