1965 1973
Foundation +

Foundation

Careless building and focusing on the actual core business was what mail-order pioneer Werner Otto (1909-2011) always wished for during the construction of the Otto Versand in the 1950s and 1960s. However, reality looked quite different. Nearly all of his construction projects were connected with trouble. Thus, Werner Otto made a virtue of necessity and founded his own real estate company in 1965 – ECE. With ECE Otto developed the first typical shopping centers on the German market. more

1974 1983
Consolidation and diversification +

Consolidation and diversification

On time before the oil crisis in 1974/75, ECE stopped their expansion and used the suspended growth period for a comprehensive consolidation. The aim was to secure and optimize existing centers. This task was entrusted to Dr. Heinrich Kraft as Chairman of the ECE Management Board in 1974. Kraft completely reorganized the ECE team and expanded the business activities by office and logistics properties. more

1984 1992
New downtown centers +

New downtown centers

In the early 1980s, ECE refocused once more on the development and realization of shopping centers. While the first centers were mainly constructed in district centers, ECE now tackled the development of downtown centers. more

1993 2000
Expansion to new German federal states and Berlin +

Expansion to new German federal states and Berlin

With the German reunification new perspectives opened up also for ECE. While the first developers started to construct shopping centers in the eastern part of Germany on Greenfield sites shortly after the wall came down, ECE pursued a more sustainable strategy with sophisticated concepts. more

2000 to date
Internationalization +

Internationalization

In 2000, Alexander Otto, son of the company's founder Werner Otto, succeeded Dr. Heinrich Kraft, who had managed the company since 1974, as Chairman of the ECE Management Board. Under Alexander Otto's direction, ECE's systematic internationalization started. Today, ECE operates 199 shopping centers in 12 countries. more

2002 to date
Unique downtown properties +

Unique downtown properties

The quality requirements for a shopping center have massively increased over the course of years. Today, no center matches another one. While many centers used to be laid out in line with the "bone" design – department stores on left and right and the mall with small shops in between – the changing face of the retail trade and complex property situations mean it is now necessary to draw up totally different concepts in different towns and cities. more

2007 to date
The business area Office, Traffic and Industries unlocks new potential +

The business area Office, Traffic and Industries unlocks new potential

In order to pool the so far gained experiences in the construction and leasing out of major office building projects as well as the know-how gained in the development and realization of goods distribution centers and major train stations and to establish the company's business activities more broadly, an own division was created for the business fields Office, Traffic and Industries in 2007. more

2008 to date
Portfolio appreciation by takeover of management companies +

Portfolio appreciation by takeover of management companies

At ECE they do not only operate their own developed shopping centers, but they also take over the management of shopping centers of foreign investors and other developers. One development step is the takeover of complete management companies. more

2009 2014
Network with international shopping center groups +

Network with international shopping center groups

Thanks to Alexander Otto's shareholdings in two distinguished overseas shopping center groups the efforts outside Europe have been increased so that ECE mainly benefits from the extensive exchange of know-how. more

2010 to date
Refurbishment by ECE +

Refurbishment by ECE

Continuous modernizations, modifications and expansions of shopping centers have always been among ECE's core competences. "Only those who keep their centers up-to-date will be successful in the long term," says a convinced ECE CEO Alexander Otto. However, there is a massive demand for revitalization on the complete shopping center market. For ECE and its unique know-how, this is a large field of activity with a lot of potential. more

2011 to date
Management of retail parks by a joint venture with the Metro Group +

Management of retail parks by a joint venture with the Metro Group

In October 2011, ECE entered into a joint venture with Metro Properties, a real estate company of the Metro Group. The thereby founded company "MEC METRO-ECE Centermanagement GmbH & Co. KG" (MEC) based in Düsseldorf, in which both partners hold shares of 50% each, is responsible for the operation, leasing out and marketing of by now 53 retail parks in Germany. more

2011 to date
ECE European Prime Shopping Centre Funds +

ECE European Prime Shopping Centre Funds

With the "ECE European Prime Shopping Center Fund", ECE Real Estate Partners established for the first time an own Pan-European real estate fund in 2011. Globally leading institutional investors participate in the fund, among them international sovereign wealth funds, pension funds and insurances. The fund focuses solely on the acquisition of already existing shopping centers with value growth potential. more

2013 to date
Well positioned into the future +

Well positioned into the future

As European market leader for downtown shopping centers and long-term planning real estate specialist, ECE have their sights firmly set on the future development of the industry. For a number of years now, shopping galleries have increasingly developed to places that offer more than pure shopping. They are places you can experience, to see and be seen, to meet others, for leisure time and – of course – for shopping. This trend will continue. more

1998

Ereignis mit Blindtext auch zweizeilig noch machbar!

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Werner Otto (l.) and the ECE chief architect Walter Pawlik, late 1960th

1965 – 1973

Foundation

Careless building and focusing on the actual core business was what mail-order pioneer Werner Otto (1909-2011) always wished for during the construction of the Otto Versand in the 1950s and 1960s. However, reality looked quite different. Nearly all of his construction projects were connected with trouble. Thus, Werner Otto made a virtue of necessity and founded his own real estate company in 1965 – ECE. With ECE Otto developed the first typical shopping centers on the German market. more

Dr. Heinrich Kraft (former CEO of ECE)

1974 – 1983

Consolidation and diversification

On time before the oil crisis in 1974/75, ECE stopped their expansion and used the suspended growth period for a comprehensive consolidation. The aim was to secure and optimize existing centers. This task was entrusted to Dr. Heinrich Kraft as Chairman of the ECE Management Board in 1974. Kraft completely reorganized the ECE team and expanded the business activities by office and logistics properties. more

Löhr-Center Koblenz

1984 – 1992

New downtown centers

In the early 1980s, ECE refocused once more on the development and realization of shopping centers. While the first centers were mainly constructed in district centers, ECE now tackled the development of downtown centers. more

Potsdamer Platz Berlin

1993 – 2000

Expansion to new German federal states and Berlin

With the German reunification new perspectives opened up also for ECE. While the first developers started to construct shopping centers in the eastern part of Germany on Greenfield sites shortly after the wall came down, ECE pursued a more sustainable strategy with sophisticated concepts. more

Arkad Györ, Ungarn

2000 – to date

Internationalization

In 2000, Alexander Otto, son of the company's founder Werner Otto, succeeded Dr. Heinrich Kraft, who had managed the company since 1974, as Chairman of the ECE Management Board. Under Alexander Otto's direction, ECE's systematic internationalization started. Today, ECE operates 199 shopping centers in 12 countries. more

Eastgate Berlin

2002 – to date

Unique downtown properties

The quality requirements for a shopping center have massively increased over the course of years. Today, no center matches another one. While many centers used to be laid out in line with the "bone" design – department stores on left and right and the mall with small shops in between – the changing face of the retail trade and complex property situations mean it is now necessary to draw up totally different concepts in different towns and cities. more

ThyssenKrupp Quartier, headquarter, Essen

2007 – to date

The business area Office, Traffic and Industries unlocks new potential

In order to pool the so far gained experiences in the construction and leasing out of major office building projects as well as the know-how gained in the development and realization of goods distribution centers and major train stations and to establish the company's business activities more broadly, an own division was created for the business fields Office, Traffic and Industries in 2007. more

Europa Passage Hamburg

2008 – to date

Portfolio appreciation by takeover of management companies

At ECE they do not only operate their own developed shopping centers, but they also take over the management of shopping centers of foreign investors and other developers. One development step is the takeover of complete management companies. more

Logos ddr und sonae sierra brasil

2009 – 2014

Network with international shopping center groups

Thanks to Alexander Otto's shareholdings in two distinguished overseas shopping center groups the efforts outside Europe have been increased so that ECE mainly benefits from the extensive exchange of know-how. more

Hamburger Meile

2010 – to date

Refurbishment by ECE

Continuous modernizations, modifications and expansions of shopping centers have always been among ECE's core competences. "Only those who keep their centers up-to-date will be successful in the long term," says a convinced ECE CEO Alexander Otto. However, there is a massive demand for revitalization on the complete shopping center market. For ECE and its unique know-how, this is a large field of activity with a lot of potential. more

Pfalz Center Kaiserslautern (MEC)

2011 – to date

Management of retail parks by a joint venture with the Metro Group

In October 2011, ECE entered into a joint venture with Metro Properties, a real estate company of the Metro Group. The thereby founded company "MEC METRO-ECE Centermanagement GmbH & Co. KG" (MEC) based in Düsseldorf, in which both partners hold shares of 50% each, is responsible for the operation, leasing out and marketing of by now 41 retail parks in Germany. more

Galeria Kaskada in Stettin

2011 – to date

ECE European Prime Shopping Centre Funds

With the "ECE European Prime Shopping Center Fund", ECE Real Estate Partners established for the first time an own Pan-European real estate fund in 2011. Globally leading institutional investors participate in the fund, among them international sovereign wealth funds, pension funds and insurances. The fund focuses solely on the acquisition of already existing shopping centers with value growth potential. more

Center-App of Alstertal-Einkaufszentrum

2013 – to date

Well positioned into the future

As European market leader for downtown shopping centers and long-term planning real estate specialist, ECE have their sights firmly set on the future development of the industry. For a number of years now, shopping galleries have increasingly developed to places that offer more than pure shopping. They are places you can experience, to see and be seen, to meet others, for leisure time and – of course – for shopping. This trend will continue. more