JRE CEO Benedikt Jagdfeld: “We want to invest € 100 million in the next three to four years”
Jagdfeld Real Estate launches extensive refurbishment and revitalization programmes/ Retail decision-makers emphasize location quality at “Retail Dinner” meeting/ More optimism in view of change of government than in 2024
Berlin/Düren, May 15, 2025: Jagdfeld Real Estate plans to invest around € 100 million in the refurbishment of its properties over the next three to four years, including around € 50 million in ESG measures in at least five locations. This was announced by Benedikt Jagdfeld, CEO and owner of the Düren-based asset manager, at this year’s “Handelsdinner” meeting at the “China Club Berlin”. “The current challenging economic environment should not blind us to the fact that now is the time to launch extensive refurbishment and revitalization programmes to ensure that our properties remain attractive in the long term. If you miss the boat now, you won’t be able to jump on later,” says the entrepreneur.
“Jagdfeld Real Estate” subjects each property to the necessary individual analysis and, where possible, leverages synergy potential. This includes retrofitting with electric charging points as well as switching from fossil fuels to renewable energies such as geothermal energy; powerful e-charging points and efficient photovoltaic systems are already practically standard in new developments of local convenience stores. In addition to the five properties planned to date, another is currently undergoing the ESG audit process.
Once again, almost 100 representatives of well-known retail companies, young retail concepts and institutional investors came together yesterday for an exchange of ideas and networking in Germany’s most exclusive members’ club. The decision-makers agreed that location quality matters more than ever. In addition, deregulation and the elimination of bureaucracy are key to new economic success, to which all levels of government – local, state, federal and EU – must contribute equally.
Nevertheless, despite the difficult overall economic conditions, the optimism at the retail industry’s No. 1 event was greater than a year earlier. “The tasks facing the new federal government are certainly huge. But the retail sector’s hopes that the government will solve them quickly are certainly just as high,” summarizes Christoph Stoll, COO of Jagdfeld Real Estate.