Location BREMEN, Germany
Size 141800 sqft Use Commercial
Date Aquired 2010
Fund Fund 3
The Waterfront is a shopping and leisure centre on the banks of the Weser.
Originally conceived as an educational theme park, after repositioning, the site now includes, a mall, several restaurants, food court, a 10-screen cinema and adjoining hotel as well as 4,000 car-parking spaces on site.
Improved Net Operating Income by more than 100%
Improved footfall by 60%
Leased/released or renewed some 430,000 sq ft if space
Positioned asset for sale to one of Europe’s leading shopping centre Funds