ALDI SOUTH takes over the SATURN space in the DAS ES! shopping centre in Esslingen

18 March 2024

The food discounter ALDI SÜD will open a new shop in DAS ES! in Esslingen. The shopping centre has been part of Union Investment’s UniImmo: Deutschland open-ended mutual property fund portfolio since 2015. The 1,860 m2 space on the first floor will be used by electronics retailer SATURN until the end of September 2024. The refurbishment work will begin this year after the retailer moves out. The ALDI SOUTH shop is scheduled to open in mid-2025.

As a classic local shopping centre, DAS ES! brings together a wide variety of shopping options under one roof in 23 shops: from fashion and textile retailers to drugstores and a medical centre. The offer is optimally tailored to the local demand structure. Added to this is the good location directly opposite the railway station. The shopping centre also attracts customers from the region and brings important footfall into the city.

“We are delighted to have gained ALDI, the market leader in the discounter sector, as a tenant. It will significantly strengthen the local shopping expertise of our centre,” says Markus Diers, Head of Asset Management Retail at Union Investment. “DAS ES! is very important for the city and for city marketing. Due to many retail closures, Esslingen has a high vacancy rate in the city centre. Our shopping centre, which opened in 2002, provides stability and continuity here. It is the centre of the shopping landscape in Esslingen.”

DAS ES! is managed by B&L Property Management GmbH. Managing Director Thomas Junkersfeld was delighted with the new lease to ALDI SÜD and described it as a significant addition to the shopping centre in this prime location.

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