The Silverton Group (Silverton), the specialists in the investment and asset management of commercial property, real estate financing and loans secured on real estate, has let 2,500 square metres of retail space in Langobardenstrasse 2, the retail warehouse centre in Regensburg, Bavaria to Seats and Sofas.
The Netherlands-based specialist in upholstered furniture, which is active throughout Europe property, as taken a long-term lease on the property, which was built in 2002. The rapidly-expanding company’s USP is its ‘Giant Take-away’ concept – enabling customers immediately to take with them the furniture they have purchased.
The retail warehouse centre, which stands on a site of around. 23,200 square metre site in the south of Regensburg, provides a total lettable area of around 16,100 square metres. Tenants include KARE, Conrad Electronic, and the the vertically-integrated sports goods retailer Decathlon and ReBest Fitness. Silverton is responsible for the commercial and technical management of the retail warehouse centre under a comprehensive asset management instruction.
Commercial lawyers Osborne Clarke advised the landlord on the lease negotiations.
