|Site Type||In-town regional shopping centre|
Johannisthaler Chaussee 297-325, 12351 Berlin
|Date Of Opening||Jul 31, 1997|
|Traffic arrivals||0 p./year|
- This 4- storey shopping centre which is the largest one in Berlin is located in the vicinity of Berlin Tempelhof airport. It is anchored by a Galeria Kaufhaus department store, several supermarkets (Kaufland, Aldi and Kaiser's) and several medium-sized stores such as Media Markt, Woolworth, H&M, Peek & Cloppenburg, ...as well as a 6-screen cinema multiplex. In April 2012 the joint venture formed by TIAA-CREF and MFI acquire a 80% stake in the shopping centre from HFS for 446,5 M $. In November 2013 TIAA_CREF form a joint venture with CNP Assurances to co-invest in Gropius Passagen, Erlangen Arcaden and PEP Mûnchen, TIAA CREF will manage these assets (gross value 924,1 M €) on behalf of the joint-venture. The remodelling of the centre began in August 2014. The first phase "fashion circle" with some 30 international fashion brands was completed end 2015. The closure of Galeria Kaufhof in August 2017 will lead to the remodelling of the surface.
Nov 22, 2013TIAA CREF and CNP Assurances form a joint venture to co-invest in 3 shopping centres in Germany :
Apr 23, 2012TIAA-CREF and MFI acquire a 80% stake in Gropius Passagen for 446,5 M $
Nov 24, 2011HealthCap to sell Gropiuspassagen for 341 M €