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ESTAMA extends rental agreement with Toys‘r’us in the Rathaus-Galerie Wuppertal

Estama Gesellschaft für Real Estate Management mbH extends its rental agreement with Toys‘r’us GmbH in the city centre’s shopping centre, Rathaus-Galerie Wuppertal until 2020.

“In view of the Rathaus-Galerie’s 20th anniversary this year, the extension of the contract is special confirmation of the fruitful partnership we have with our long-standing rental partners. We see in this agreement a move to set the Rathaus-Galerie on a course towards a successful future and thus also consider it to be an important part of retail trade in Wuppertal”, centre manager, Bernard Banning, who negotiated the 3,600 m² unit with Toys‘r’us for Estama, is pleased with the result.

Last year it has already been possible to extend the rental agreement with another anchor tenant, EDEKA Markt Celik.

Estama is an expanding asset and property management company with a growing portfolio worth over € 4 billion and more than 750 properties, predominantly in the commercial sector. Estama also performs all kinds of property-related management services for several prestigious national and international investors.