Saturday, 15 March 2025
Union Investment has secured a new tenant for the Limbecker Platz shopping centre in Essen. Intersport Voswinkel has signed a ten-year lease for 2,000 square meters on the first floor, which is now fully occupied. This marks another step in the re-letting of space previously occupied by Galeria Karstadt Kaufhof, with 50 percent of the former tenant’s area now leased.
Galeria Karstadt Kaufhof had rented approximately 19,000 square meters across four floors before filing for insolvency in January 2024, leading to the termination of its lease. The vacated space is being divided into multiple sections to accommodate different retailers.
Union Investment and ECE have already secured P&C* Düsseldorf, which will occupy 6,400 square meters over two floors. The store is expected to open in spring 2026 with an updated shop design. The redevelopment of the space, carried out in partnership with ECE, represents an investment of approximately EUR 30 million through Union Investment’s open-ended real estate fund, UniImmo: Europa.
Discussions are ongoing with potential tenants from various sectors to fill the remaining vacant areas. Limbecker Platz has recently added new tenants, including Bershka, Pull&Bear, Zara, and the first German store of Japanese brand MINISO.
With over 200 stores, Limbecker Platz is one of Germany’s largest inner-city shopping centres. Designed by architect Gunter Henn, the building features a distinctive metal façade inspired by a Marilyn Monroe dress, decorated with illuminated sequins that change colour at night.
