Quadoro Investment GmbH, the capital management company of the open-ended special AIF Quadoro Sustainable Real Estate Europe (QSREE), has signed a long-term lease agreement with the drugstore chain Rossmann for the Fackelcenter shopping center in Kaiserslautern as part of its active asset management.
The newly let space covers more than 1,000 m². The handover of the space and the reopening is planned for the beginning of December 2025. The expansion services on the landlord side were supervised by the architectural firm Fiebiger Kaiserslautern.
Claudio Avellino, the asset manager responsible at Quadoro, on the letting: "The lease to Rossmann shows how we secure and continuously develop the attractiveness of our properties through targeted measures, local market knowledge and strong local partners. The Fackelcenter thus remains a stable and reliable building block in the fund portfolio."
The Fackelcenter is a mixed-use retail and office building with 11 floors and around 9,200 m² of lettable space. It is centrally located on one of Kaiserslautern's most frequented shopping streets. The property impresses with its flexible space structure and strong location quality.
The Quadoro Sustainable Real Estate Europe (QSREE) fund was launched on 6 July 2015 and invests in commercial real estate with high location quality in Europe. The portfolio currently comprises 23 properties in Germany, Denmark, Finland, Ireland and the Netherlands.
