Rocket Internet’s Zalando beefs up Berlin property portfolio

Zalando
Zalando

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Zalando, Rocket Internet’s online shoe and clothing retailer, is expanding its offline presence with three separately located office buildings in Berlin.

The main, newly acquired 25,000 square metre space (pictured above) in Friedrichshain, has forced the Berlin School of Economics and Law to relocate by April next year. More than 600 students will now need to make way for the eCommerce giant.

It’s believed that the building’s landlord Berggruen Holdings did not renew its contract with the school after the former landlord declared bankruptcy.

In a recently signed lease agreement between the online fashion retailer and real estate developer Strauss Partners, Zalando will now occupy a total of  55,000 square metres in the city to cater for its fast-growing workforce of more than 1000 staff members.

“Berlin offers not only the required room with this expansion but a culture to attract experienced staff from around the world” said Zalando manager Ruben Ritter.

The online store is now present in 14 European markets, including a recent launch into the Polish and Norwegian territories.

 Zalando

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