VÖLKEL has been commissioned with the comprehensive management of the T.E.C. in Erfurt. This includes not only centre management and leasing but also commercial property management, including accounting, as well as technical property management, supplemented by project steering. VÖLKEL is thus responsible for a complete management mandate for the retail location in the Thuringian state capital.
VÖLKEL had already been entrusted with the leasing management of the T.E.C. since October 2025 and advised the owner. The current commission aims for a targeted further development of the shopping centre. This includes optimising the offerings, improving the external appearance, designing the customer journey, and implementing a robust sustainability strategy. Furthermore, increased attention to detail should lead to operational improvements to achieve effective cooperation between the owner, tenant partners, and customers.
Strategy and Background of the Commission
Dirk Völkel, Spokesperson for the Management Board of VÖLKEL, expressed gratitude for the trust placed in them by the Glinicke Group and looked forward to the upcoming collaboration with the owner and tenants of the T.E.C. in Erfurt. Florian Glinicke, Managing Director of the Glinicke Group, emphasised that VÖLKEL had impressed them with its integrated approach to managing complex retail properties. Decisive factors for this choice were VÖLKEL's profound market knowledge, detailed approach to strategic and operational issues, and personal connection. This led to the decision to entrust VÖLKEL with the responsibility for the future development of the T.E.C.
The T.E.C. Erfurt Location
The Thüringer Einkaufscenter in Erfurt, which opened in 1996, is characterised by its excellent accessibility and extensive parking capacity of approximately 1,400 spaces. With over 40 shops on a total area of more than 32,000 square metres and established tenants such as Kaufland, Media Markt, Decathlon, Adler, Deichmann, dm, and Aldi, the T.E.C. is one of the most regionally significant retail locations in Erfurt and the surrounding area.
- —Opened: 1996
- —Lettable area: over 32,000 sqm
- —Number of shops: approx. 40
- —Parking spaces: approx. 1,400
VÖLKEL's assumption of management represents a strategic step to strengthen the retail location, focusing on long-term value development and optimised customer engagement.
