As landlord, our top priority is to provide our tenants with the resources they need to run their business successfully. We took very seriously the most recent feedback we received that the store space of our tenant TEDi, one of the leading German non-food retailers, established at the location in Elster Park Plauen, that we manage, was too small to meet the needs of its customers.
An analysis of the sitation showed that an expansion of the leased space seemed to us to be the best possible solution. We therefore worked closely with our tenant and, together with our sister company White Bird GmbH, examined the technical requirements for the expansion.
We are very pleased to announce today that after successful commercial negotiations led by GFORM, TEDi has expanded its existing leased space by 100 squaremeters to a total of approximately 700 squaremeters. TEDi celebrated the reopening of the enlarged store last Saturday, which promises customers a more comfortable shopping experience with a greater variety of products.
We are proud of our strong tenant relationships and that we can help our tenants grow!