US EditionGaleria Is Negotiating Rents – Berlin Branches Also Affected.
17 Articles
17 Articles
The last years of the Galeria department store chain are marked by restarts and setbacks. The latter could threaten again - at least for eight branches. In the medium term, leases expire there. If no agreement is reached, it can mean the end at the locations.
Is Galeria threatening at Rotkreuzplatz? The rental negotiations for the branch are already underway, a closure is not excluded. Owner OFB is planning a conversion with residential, office and hotel areas at the same time.
The department store chain will only keep the location if it has to pay less rent. Meanwhile, the building's owner is planning a major demolition and a taller new building.
The Galeria department store chain is pushing for lower rents at eight locations. If this does not work out, the management is openly threatened with closure. Also affected are very prominent downtown locations in Berlin and Cologne.
The Galeria department store chain is pushing for lower rents in several cities. These eight branches are affected and appear to be on the tip.
saarbruecker-zeitung.de
ga.deThe Galeria department store chain is pushing for lower rents in several cities. These eight branches are affected and appear to be on the tip.
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