Branicks Group Expands Anchor Tenant Portfolio with REWE in Halle

Frankfurt am Main, September 30, 2024: Branicks Group AG has announced the acquisition of REWE Markt GmbH as a significant anchor tenant in the “Neustadt Centrum” retail property in Halle. The lease agreement spans 15 years and covers 5,400 square meters. This leasing bolstered the property’s occupancy rate from 66% to 85%, marking a crucial step in enhancing the tenant mix.

REWE's new supermarket intends to implement sustainability features, including the reuse of waste heat from electrical appliances, aiming for BREEAM certification. Branicks’ asset management proficiency and deep market understanding contribute to creating a favorable urban environment in Halle.

Neustadt Centrum, launched in 2000, encompasses 30,700 square meters and includes diverse retail options, restaurants, a multiplex cinema, medical facilities, and 933 parking spaces. It draws over 10,000 visitors daily, serving as a vital community hub.