Lüneburg

Am alten Eisenwerk 2
21339 Lüneburg
  • Asset Class

    Retail

    Year of acquisition

    2007
  • Property size

    13,319 m2

    Usable floor

    4,611 m2
  • Main tenant

    Kaufland

    Fair value

    8,210,000 EUR
The photo shows a department store in Lüneburg.

Property description

The Hanseatic city of Lüneburg is a large mid-sized city in the northeast of Lower Saxony, approximately 50 km to the southeast of Hamburg, with a population of around 74,000. The property is located in a business area around 1 km from the city centre. It has excellent traffic connections. The neighbourhood is defined by a wide variety of chain stores covering day-to-day needs. Kaufland is the main tenant and, with the other sub-tenants, sells food and non-food items on an area of around 4,600 qm. The store was completely refurbished and adapted to the new concept in 2015.

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