HOCHTIEF Projektentwicklung signs further lease agreements for mercatura in Aalen

About 70 percent of commercial space already let

HOCHTIEF Projektentwicklung has let a further 2,000 square meters at the Aalen urban district development, mercatura: The new tenants are Gerry Weber, Shoetown Werdich, 1982, the bakery Backparadies Berroth, Feichtenbeiner’s country butcher, Kristall-Eleganz which sells jewellery, and a juice bar. This means that just under one year before the official opening, 7,800 square meters—or almost 70 percent of the commercial space—has been let to businesses selling everyday and luxury products.

Almost 27,000 square meters of above-ground gross floor space will be created at mercatura by the end of 2011. Apart from the shopping mall with a glass-roofed, central plaza, which offers roughly 11,500 square meters of commercial space, the building will contain service and office space on the upper levels. Duplex apartments with gardens will be created on the greened roof level. The public underground car park will have almost 400 parking slots, with a further 40 slots available solely for the tenants’ use. The anchor tenant in the shopping mall will be a large German fashion store which is letting a little over 1,900 square meters. In addition, New Yorker, Esprit, Street One, BONITA, the shoe store Schneider, and Tamaris have all secured space in mercatura which will also be home to a dm drugstore, a Kaliss healthfood store, the Klier hair salon, Cosmo hairdressing supplies, and an O2 outlet.

HOCHTIEF is one of the leading international providers of construction-related services. With more than 66,000 employees and a sales volume of EUR 18.17 billion in FY 2009, the company is represented in all the world’s major markets. The Group’s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 55 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006. Further information is available at www.hochtief.com/press.

HOCHTIEF Projektentwicklung has been developing, realizing and marketing real estate projects in Germany and abroad since 1991 as an independent subsidiary of the HOCHTIEF Group. In Germany, the company is considered the leading inner-city developer. Its core business comprises office buildings in central business districts and areas within easy reach of city centers. It also focuses on retail properties, residential properties and accommodation for senior citizens, and the development of entire urban quarters. Hotels, distribution centers and special-purpose properties are also among the product market segments which the company addresses. HOCHTIEF Projektentwicklung does not build up any property portfolio of its own but operates as an “interim investor” with the goal of selling its projects to a final investor as swiftly as possible. Further information is available at www.hochtief-projectdevelopment.com.

HOCHTIEF Projektentwicklung GmbH
Alfredstr. 236
D-45133 Essen
GERMANY

Gabriele Stegers
Leiterin Kommunikation
Tel.: +49 201 824-2282
Fax: +49 201 824-2282
Email: gabriele.stegers@hochtief.de

This release was published on openPR.