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Achieving success together

Partnerschaften We generally develop our retail projects as a joint venture with capital partners. To this end, in the early stages of the development process of every project, we set up a project company in which CONCEPTA and one or more capital partners invest their own equity.

Such partnerships have many advantages, including the spreading of risk across many shoulders, the pooling of specific company strengths, and the duplicate and ongoing monitoring of all decision-making processes. All parties ultimately benefit – not just the developer and the capital partners, but also the cities in which the construction of a shopping centre often represents the biggest investment plan of all.

In this regard, partnership also means cooperating with renowned architects, experienced planners, reputable builders and trade contractors (based in the region if at all possible), public administration departments, town marketing initiatives, neighbours and citizen groups. That's because real estate development can ultimately only be successful if team spirit is upheld by all those involved.

References

Neumarkt Galerie Cologne

The ten-metre-high sculpture of an upside-down ice cream cone by Claes Oldenburg is the emblem of what is probably the nicest shopping centre in the city of Cologne. Details »

Views

The Reschop-Carré is the newly designed gateway to our town centre and is an architecturally appealing addition to the historic old quarter. Good urban planning of this kind could only be achieved by taking bold decisions and building a trusting working relationship with CONCEPTA.
Dagmar Goch
Mayor of Hattingen