- Acquisition of the approximately 4,800 sqm C&A unit completes single ownership structure at RRZ
- Transaction supports the ongoing repositioning and redevelopment strategy for the centre
- Unified ownership enables more efficient asset management, leasing and long-term value creation
Mülheim an der Ruhr, June 09, 2026 – Eurofund Group and Signal Capital Partners have acquired the C&A unit at Rhein-Ruhr Zentrum (RRZ) from Redevco, bringing the entire shopping centre into single ownership and operational control for the first time.
The transaction includes the approximately 4,800 sqm retail unit located in the heart of the centre. The asset was previously under separate ownership and had not been included in the original acquisition of RRZ by Eurofund and Signal Capital. C&A and Deichmann will continue trading at the centre as one of the key anchor tenants.
The acquisition marks another important step in the ongoing repositioning and redevelopment of Rhein-Ruhr Zentrum and further strengthens the partners’ long-term commitment to both the asset and the German market.
With the centre now under unified ownership and management control, Eurofund will be able to implement a more streamlined and efficient approach to asset management, leasing and future investment activity.
“Bringing the entire centre into a single ownership structure represents an important milestone for RRZ. It creates the conditions for more efficient management and supports our long-term vision for the transformation of the asset,” said Olaf Ley, CEO Retail Germany at Eurofund
The acquisition also creates a simpler and more attractive ownership structure for tenants, partners and future investment activity, reinforcing the momentum behind the centre’s ongoing transformation.
Rhein-Ruhr Zentrum is currently undergoing a major repositioning process aimed at creating a future-oriented mixed-use destination for the Rhein-Ruhr region.
Press Contacts Eurofund, Germany
Anja Lottmann, Lottmann Communications
Andrea Ungereit-Hantl, Lottmann Communications
About Eurofund Group
Eurofund Group is an investment, development and real estate management group with more than 30 years of market experience. The company operates in Spain, Portugal, the United Kingdom, Germany and Italy and is divided into several business areas: Eurofund Retail and Living, which includes coliving concepts such as Tribu in London as well as senior living projects under the Luana brand.
Among the company’s most significant projects are Puerto Venecia in Zaragoza, which was named the world’s best shopping center at MAPIC 2013, the acquisition of UBBO (formerly Dolce Vita Tejo) in Lisbon, which was transformed into Portugal’s first shopping resort, as well as the purchase of Silverburn, Glasgow’s leading shopping center in the United Kingdom, together with Henderson Park. In March 2024, the Eurofund Group, in collaboration with strategic partners and together with Henderson Park, acquired Islazul, Madrid’s largest shopping center and a pioneer in sustainability, which received the highest rating within the BREEAM® certification framework in 2025.
In 2022, the company entered the Italian market for the first time through the acquisition of Parma Retail in collaboration with its strategic partner Signal Capital, with the aim of transforming the property into Parma Promenade – an asset ultimately acquired in 2024. In July 2023, the Eurofund Group further expanded its European presence through the acquisition of the Rhein Ruhr Zentrum in Mülheim as part of a joint venture with strategic partners.
About Rhein-Ruhr Zentrum
The Rhein-Ruhr Zentrum is located in one of Germany’s largest metropolitan areas, the Rhine-Ruhr region, with more than ten million inhabitants, attracting visitors from Essen, Oberhausen, Duisburg and Düsseldorf. It is an established shopping center that has continuously grown since opening in 1973. With more than 100 retail stores, restaurants and service providers, it offers a diverse shopping and leisure experience. The Rhein-Ruhr Zentrum is not only a popular shopping destination, but also an important social meeting place within the region.
In July 2023, the pan-European real estate investment and development company Eurofund Group and London-based private equity company Signal Capital Partners signed a purchase agreement for the 200,000-square-meter Rhein-Ruhr Zentrum in Mülheim. Around 180 million euros will be invested in the RRZ over the coming years.
Further information can be found at www.rrz.de/
