The HORNBACH DIY store in Dortmund was acquired for our “Redos Einzelhandel Deutschland II” fund in spring 2021 as part of the Tandem portfolio. Located in a retail cluster, the property is situated in a region with an extremely strong economy, a sustainable catchment area and good transport links. With around 31,000 sqm in rental space and 870 free parking spaces, the store is extremely well established and enjoys high customer satisfaction. The Westfalen Einkaufszentrum (WEZ) shopping centre on the opposite side of the road is home to tenants including Kaufland, dm Drogerie, Aldi, Woolworth, Deichmann, Staples, SB Möbel Boss, B.O.C. Bike & Outdoor Company and Louis Motorradbedarf.