It is our pleasure to invite you to the Real Estate Share Initiative Conference on October 18 and 19, 2011 in the Hilton Hotel in Frankfurt/Main.
The 2nd Deutsche EuroShop Real Estate Summer took place on 15 & 16 September 2011 and was named "3 Center Tour".
The tour started with presentations in Wolfsburg and ended in Berlin. It included visits of Deutsche EuroShop's shopping centers in Wolfsburg (City-Galerie), Magdeburg (Allee-Center) and Wildau/Berlin (A10 Center).
We got several follow-up questions on the acquistion of the Allee-Center Magdeburg (ACM), which we have announced on 30 August 2011, and we want to provide answers to these questions.
Our centermanagement partner ECE published its first App for the iPhone and iPad.
The App provides convenient access to key data to the projects in the ECE shopping centers - including all centers of Deutsche EuroShop's portfolio. It is aimed primarily as a B2B App for (potential) tenants and investors, but also to employees, journalists and other interested persons.
We are occassionally asked for the historical like-for-like (l-f-l) development development of Deutsche EuroShop's rental growth. Here is the answer:
The average growth rate is 2.2%.