DEMIRE leases 7,350 square metres to toom in Münster
Langen, 29. May 2018 – DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has renewed the lease for a DIY store at Hammerstrasse 455-459 in Münster (North Rhine Westphalia). The property is owned by the subsidiary BBV 10. Earlier than scheduled, the current tenant, toom, signed a new lease for a term of ten years from February 2019. As a result of the early renewal, the average remaining term of leases has increased from around one to around 11 years. The property, which was built in 1991, has a rental area of around 7,350 square metres and 200 parking spaces. The one-floor DIY store with garden centre is conveniently located for motorists right on the busy B54.
Münster has a centrality index of 127 (Germany: 100) and a purchasing power index of 107 (Germany: 100), which puts it ahead of the German average.