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DES - Online Annual Report 2008

Growth in Hameln and Passau

We were joined by financial analysts, investors and shareholders from the region in celebrating the openings of the Stadt-Galeries in Hameln and Passau. There were hundreds of guests on hand at the events including media representatives, shop owners, political figures, socialites and honorary local figures. The program included festive speeches, a few initial forays into the brandnew shopping spaces and a dinner to round out the evening‘s festivities.

The festivities began on 11 March 2008 with the opening celebration of Hameln’s new shopping attraction - centrally located at the Pferdemarkt and thus directly accessible to the pedestrian zone, the Stadt-Galerie is open for business and with its almost 100 specialty shops, service providers, cafes and restaurants, offers visitors a retail mix that is ideally suited for the city. A special highlight is the integration of the historic Kreishaus with the center. The approx. 19,000 m² of retail space was already fully rented months before opening. Around 500 parking spaces are provided for visitors on two parking decks and the catchment area contains approximately 400,000 people.

The Stadt-Galerie Passau opened on 10 September 2008. Around 90 long-term let out speciality shops, service providers, cafes and restaurants in approximately 21,000 m² of retail space now receive visitors in the “Neue Mitte“ district of the city in the centre of the pedestrian zone and behind an attractive facade. The parking decks offer over 500 parking spaces. There are approximately 400,000 people in the catchment area, which extends as far as Austria.

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