METRO PROPERTIES and Real invest into store in Trier/Gottbillstrasse

19 November 2018
METRO PROPERTIES and Real are investing into the hypermarket in Trier/Gottbillstrasse. After the acquisition of the property the next steps will involve modernising both the architectural appearance and the functionality of the location.
Real location in Trier/Gottbillstrasse

Talks with new, attractive leaseholders from the hospitality and services sector regarding a reassignment of the lease space are already underway. Real invests extensively into the local hypermarket. Elements of Real’s Markthalle concept will in future also inspire customers in Trier.

Visualisations of the refurbishment project are to be available by early 2019, at the latest. “The store on Gottbillstrasse is important for us. We see lots of potential for its further development so as to be able to meet the demands of our customers from Trier also going forward”, says Christian Mielke, Director Region Germany METRO PROPERTIES.

The modernisation will change the appearance of the location. The foyer including the projecting roof and also the façade will be completely remodelled. Inside the Real store a comprehensive overhaul is planned. Experiences from the pilot store “Markthalle Krefeld” have shown that modern customers are looking for both, a great offer of home-made menus available for eating at the store and also “ready-to-cook” convenience products for preparation at home. That is why gastronomic elements of the Markthalle concept which has been successfully implemented in Braunschweig and Krefeld will be adopted also in Trier. Besides these conceptual changes the store will in addition also be modernised amongst other in technical terms with new refrigeration and lighting systems.

“We expressly welcome the acquisition of the store on Gottbillstrasse by our sister company METRO PROPERTIES. Our goal is to offer our customers the best shopping experience in town. The acquisition of the property creates the prerequisites for this. Our investment into the Trier hypermarket demonstrates a strong commitment to the region and to our responsibility for our employees”, says Martin Laue, General Manager for the Region South at Real.

 

METRO is a leading international specialist company in the wholesale and food retail sector. The company is active in 35 countries and has more than 150,000 employees worldwide. In financial year 2016/17, METRO generated approximately €37 billion in revenue. The company supplies customised solutions for the local and international needs of its wholesale and retail clients. Its sales brands METRO/MAKRO Cash & Carry and Real and its delivery services and digitalisation initiatives, METRO is setting standards for the future in terms of its customer focus, digital solutions and sustainable business models.

METRO PROPERTIES is the real estate company of METRO AG, a leading international specialist in wholesale and food retail, operating in 35 countries and employing more than 150,000 people worldwide. METRO PROPERTIES combines comprehensive wholesale and retail competence, highly developed real estate expertise and implementation capability. METRO PROPERTIES is a partner for investments as well as for the development and support of modern wholesale, retail and mixed used concepts. At both the national and international level, METRO PROPERTIES pursues active and value-enhancing asset management. Investors, leasing partners and customers receive competent support worldwide. Apart from its headquarters in Germany, the company operates through locations in Poland and Turkey. In other countries, the company is represented by regional management and METRO team. Please visit www.metro-properties.de for more information.

As a subsidiary of METRO AG, Real operates 282 hypermarkets in Germany. In addition, Real also operates an online marketplace, a food online shop as well as click & collect services. In financial year 2016/17, the company generated net sales of approximately €7.2 billion with a workforce of around 34,000 employees. For more information, please visit www.real.de/unternehmen.