The property at Kaiserstraße 205 in Karlsruhe city centre has been brokered. This transaction led to the opening of a new branch of the Asian supermarket chain Go Asia. The chain has taken over the premises, which were previously used by shoe retailer Deichmann, and has been operating a market there since mid-July, spanning two floors with an area of over 500 square metres.
COMFORT brokered the property to a real estate company affiliated with the Go Asia Group. The property had been family-owned for decades before the current change of ownership took place. The total rental area of the property is just under 1,400 square metres.
Property structure and location
In addition to the primary retail spaces, now utilised by Go Asia, and associated storage areas, the property also features residential uses on the upper floors. Here, there are a total of four, some generously proportioned, apartments which are highly popular with students. The combination of retail and residential is characteristic of inner-city properties in comparable locations.
COMFORT and the expansion of Go Asia
COMFORT has already supported the Go Asia Group in developing its expansion strategy at various locations. Most recently, this support included brokering properties in cities such as Erfurt, Erlangen, and Magdeburg. COMFORT's commitment to the Asian supermarket chain also extends to brokering its company headquarters on Kantstraße in Berlin.
This repeated collaboration underscores COMFORT's expertise in retail real estate and in supporting expansion processes for both national and international retail companies. The transaction in Karlsruhe thus represents another step in the consistent development of the Go Asia Group in Germany.
- —Property: Kaiserstraße 205, Karlsruhe
- —Brokering party: COMFORT
- —Buyer: Real estate company of the Go Asia Group
- —Previous user of the retail spaces: Deichmann
