French cosmetics brand L'Occitane is continuing its high street retail expansion by leasing a shop unit at Ludwigsplatz 7 in Nuremberg. The property is situated in an established location in Nuremberg city centre. Prior to the change of tenant, the retail space in question was occupied by clothing retailer Calzedonia.
Brokered and advised by Lührmann
Retail consultancy Lührmann advised L'Occitane on the lease. The deal was brokered by Nadine Brand, who works as Senior Consultant Retail Letting at Lührmann's Munich office.
In connection with the successful conclusion of the agreement, Nadine Brand stated that L'Occitane had secured an attractive retail space in a central Nuremberg city centre location with the Ludwigsplatz property. The transaction confirms the importance of established shopping destinations in the urban core.
Background on the L'Occitane brand
L'Occitane was founded in Provence in 1976. Since its inception, the company has focused on French cosmetics and skincare products manufactured from natural ingredients.
With this focus, the business has grown steadily into a global chain retailer. Today, L'Occitane is present with more than 3,000 boutiques in over 90 countries. The future store on Ludwigsplatz expands the company's worldwide network by adding another location in Nuremberg.
- —Property address: Ludwigsplatz 7 in Nuremberg city centre
- —New tenant: L'Occitane (founded in 1976 in Provence)
- —Previous tenant of the retail space: Calzedonia
- —Advisory firm: Lührmann (Munich office, Nadine Brand)
By taking over the former Calzedonia space, L'Occitane secures an established address on Ludwigsplatz in Nuremberg to offer its cosmetics and skincare products locally in brick-and-mortar retail.
