Exterior view of the ECE headquarter

Facts & figures

ECE was founded in 1965 by mail-order pioneer Prof. Werner Otto (1909-2011) and is owned by the Otto family. Since 2000, the company founder's son, Alexander Otto, has been heading the company. Hamburg-based ECE has been developing, building, leasing out, and managing large commercial properties in the business areas Shopping, Office, Traffic, and Industries and is European market leader in the field of inner-city shopping centers. For decades, ECE has been realizing very successfully large group headquarters, office buildings, industrial buildings, logistic centers, traffic-related properties, hotels and other highly complex building types. ECE provides all real estate-related services from one source and thus creates a major benefit for their customers, clients and partners by pooling their complete know-how. With regard to numerous projects ECE acts as investor and keeps the projects in the portfolio for decades. Furthermore, two ECE funds concentrate on the acquisition of shopping centers with value growth potential. ECE is Europe-wide successfully positioned with numerous subsidiaries and joint ventures.

Employees

3,600 Employees

Shopping centers

  • 199 under management (51 of which are managed by MEC METRO-ECE Centermanagement GmbH & Co. KG in a joint venture with METRO Properties)
  • 4 planned or under construction
  • 17 being refurbished
  • 21,000 shops
  • 7,200,000 m² sales area
  • 24 billion euros retail turnover in the centers per year
  • 4.3 million visitors in total per day in all centers

Office / logistics properties

  • 705,000 m² realized logistics space
  • 1,000,000 m² realized office space

Current construction and planning volume

2.7 billion euros, thereof 1.5 billion euros at the Office, Traffic, Industries section

Assets under management

33.4 billion euros

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