Editor’s Note
This article discusses a significant new lease on Düsseldorf’s premier shopping street, the Königsallee, filling a long-vacant prime retail space.
Amidst Düsseldorf’s luxury shopping street, a prime location has been a gaping hole. Between Franzen Porcelain and Prange Shoes, two buildings on the Königsallee have been a construction site for years, shielded from the outside world. Number 44, the former home of Galerie Volmer and Konditorei Leysieffer, has been demolished. And Number 46, formerly the flagship store of the perfumery Douglas and the location of Galerie Paffrath, stands largely empty. Recently, however, things are moving again behind the construction fence – because an extraordinary rental, even by Kö standards, is casting its shadow.
Königsallee 46 in Düsseldorf: The building, constructed in 1914 and listed as a historical monument, has belonged to the real estate developer Centrum for three years.
The renovation for Rolex on the Königsallee has only just begun, and already the next global brand is announcing its arrival – in the property of a famous Düsseldorf developer. We show the details of this spectacular rental.