Remscheid: Extension of the drugstore Rossmann as part of a retail center

The rentable space of the drugstore Rossmann, which is part of the retail center “Am Stadion 15” in Remscheid, gots extended in the last months from app. 611 m² up to app. 826 m². Due to the hillside situation the construction got built on supports to the basement garage. In the course of the extension Rossmann extended even the runtime of the lease contract until 24.09.2030. The retail center is part of the portfolio of the Israeli LAHAV Family Office and is located beside the Factory Outlet, which is planned by the city Remscheid. The DRIA GmbH is responsible for the assetmanagement of the property and conducted the realization of the extension as well as the lease contract negotiations with Rossmann.