In the following we present exemplary project developers of retail real estate, which are also part of our list. In particular, we refer to current projects and the scope of the projects. This article is based on the unique List of the 1000 largest project developers in Germany.
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1. ECE Projektmanagement GmbH & Co. KG (Hamburg)
The name ECE is closely associated with Werner Otto, a German mail order pioneer and founder of Otto-Versand. Werner Otto Vermögensverwaltung G.m.b.H., founded in 1965, became KG Einkaufs-Center Entwicklung G.m.b.H. for project developments in the retail real estate sector in 1970. Today, as ECE Projektmanagement, the 100% family-owned company stands for project development and real estate management of shopping centers. At the end of 2020, the construction and planning volume will amount to around 2.8 billion euros, and around 200 shopping centers across Europe are under ECE management. With the City Center in Doha (Qatar), which will be opened in 2020, the company has entered the Arab region for the first time.
2. Lüder Unternehmensgruppe GmbH (Hildesheim)
Gustav Lüder, the founder of the Lüder Group in Hildesheim, Lower Saxony, started his business in 1956 with the brokerage of real estate and financing. In 1965 he started with property development. From this, the Lüder Group of Companies developed as a nationwide real estate company with a focus on project development, investment and management. Projects with a volume of 10 million euros or more are realized. The Lüder Group develops both residential projects and retail properties, preferably both within the framework of district developments. One project implemented in 2020, for example, is the “rejuvenated” Viktoria-Passage at Augsburg station – a combination of residential and commercial building with a project volume of 34 million euros.
3. Fokus Development AG (Duisburg)
Fokus Development was founded in 2013 by Axel Funke, a recognised industry specialist in the development of retail properties. Accordingly, his company focuses on the project development of inner-city retail properties. The range of services covers the entire value chain from acquisition, planning and realization including financing to marketing. The geographical focus of the projects has so far been on North Rhine-Westphalia. However, there is a nationwide approach and projects have also been implemented outside the largest federal state – one example is the East Side Mall at Warschauer Brücke in Berlin-Friedrichshain, which opened in 2018. The mall offers space for around 120 retail stores on a total area of 38,000 sqm.
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