ECE acquires Zwickau Arcaden shopping centre in Germany
The ECE European Prime Shopping Centre Fund II has bought Zwickau Arcaden from its former owner Ivanhoé Cambridge. Opened in 2000, this inner-city shopping center accommodates more than 60 specialist stores and restaurants on a sales area of approximately 13,000 m².
Moreover, the property also comprises 3,500 m² of office space. The shopping center is anchored, among others, by Esprit, Deichmann, dm, Douglas as well as the successful and popular regional fashion retailer Modehaus Fischer. More than 430 parking spaces are available to visitors. Following the acquisition, ECE will take over the management and leasing of Zwickau Arcaden from Unibail-Rodamco.