City Department Store

Completed renovation work in the “passage to the market” since the investment and asset management company GPT Halverton from the retail Fund GRP has more than half a million euros invested in the renovation of the old ring department store in the heart of Ennepetal, is evident the City Department store the shopping of Ennepetaler-able contemporary, bright and friendly. The passage on the market offers the 31.111 inhabitants a welcome addition to the nearby discount department store with its renowned shops. Ennepetal has a stable economic foundation and has the highest purchasing power in the whole Ruhr area. This is of course also the well-known tenants of the City Department store. Names such as E.g.

ASKANIA stationery, Doc Morris, or Apollo are optics, dm drogeriemarkt or Deutsche Post, which is integrated in the accessory business as a postal Agency, including here. Of course, there is also a bakery and a butcher, the Essanelle hair group provides the hairdresser and crockery buys Ennepetaler at kodi household goods. -Based companies, like their customers, do not benefit only by the new look of the building, but also of the redesigned pedestrian zone in front of the Department store. It started with the extensive refurbishment in December 2008 and in August 2009, everything was done already. The asset management company GPT Halverton had some cost to this maximization of the Ennepetaler shopping vergnuegens but. The total cost of the renovation of the Department store was 540,000 euros.

This amount was invested in facades, a new canopy, new signage and the renovation of the flat roof. A new ventilation system was installed to reduce the costs of the lessee and alone 100,000 euros have been spent on new rental space. The owner has also decided to replace the main entrance doors to modern automatic doors. This work will be done in the near future. The location of the shopping arcade located on the market square is perfect and on the 1st floor as well as on the ground floor there are still areas free of rental for textile, doctors or retail companies. Around 300 m2 are total free. Finish off by saying a few words about GPT Halverton. The investment and asset management company is operationally active in seven European countries: in Germany, Netherlands, Spain, France, Scandinavia and allows investors access to the European real estate market. The company was founded in the year 2004, with headquarters in the United Kingdom. in 2007 it was acquired by the Australian real estate company GPT group and got its current name: GPT Halverton. The company is characterized by its strong commitment and responsibility in its real estate and their locations. This proved GPT Halverton also with the renovation of the old ring department store, which strongly has won for Ennepetal importance and which value both for tenants and for customers has risen considerably. Press contact Dr.