The Postgalerie, which ERWE Retail Immobilien GmbH acquired back in May 2017, is located at the beginning of the pedestrian zone in Speyer's city centre, which extends to the famous Speyer Cathedral. The historic building at Postplatz 1 in Speyer currently has around 8,300 sqm of retail and restaurant space as well as around 8,750 sqm of hotel, office and warehouse areas. A conceptual change will increase the centre's total rental space to over 17,000 sqm. The revitalisation of the entire gallery includes the refurbishment of the retail space and the mall of the Postgalerie in a bright and modern design.
A major focus of the conceptual change is the conversion of previously vacant office space into hotel space. A lease agreement for the new space was signed with the Amedia hotel group in June 2018. Amedia now operates a 4-star hotel with around 110 rooms and a restaurant at this location.
Further modernisation measures were implemented in 2022. These included a contemporary lighting concept, a platform and a staircase in the entrance area. During the course of the year, an area on the first floor was let to an eye clinic. The clinic is to become the nucleus for a new healthcare concept for the Postgalerie, in the context of which the letting of further individual spaces to medical practices and related institutions is planned.
In the past year, four spaces totalling over 2,600 sqm were newly let, reducing the vacancy rate from 26% to 8%. The new tenants include a fitness studio operator, the Enchilada Group with its Wilma Wunder gastronomic concept and a neurology practice.
Overall, the extensive revitalisation has created a balanced mix of a hotel, retail, offices, restaurants and service providers, making the Postgalerie a new centre of attraction in the heart of Speyer.