RdB Real Estate News

Acquisition of the Citytor Center shopping centre in Salzgitter

Salzgitter – a city of more than 100,000 inhabitants – is known for its steelworks and as an automotive location with big names like Volkswagen, MAN, Salzgitter AG and Bosch.

The building is located in the city centre of Salzgitter and has a total floor space of more than 14,000m². It consists of an office building with 2,919m², a multi-storey car park with 251 parking spaces, a multiplex cinema with seven screens, a bowling centre, a fitness centre (with a total of 6,921m²) and all familiar commercial businesses such as a Postbank branch, car rental, an optician, a restaurant and other catering businesses. The seller was a German investment company.

This purchase fits perfectly into the long-term strategy of the RdB Group, which already has several properties in its portfolio in the economically-strong regions of Braunschweig, Salzgitter, Wolfenbüttel and Wolfsburg, and is currently looking to significantly expand its portfolio.

We would like to take this opportunity to thank all those involved in making the purchase possible.