SIGNA is transforming the well-known Wertheim building, a property located on Kurfürstendamm in Berlin’s most sought-after retail district, into a large city-centre complex. The current tenant Galeria Karstadt Kaufhof is a key part of the development.

Following the fall of the Berlin Wall, Kurfürstendamm (known locally as Ku´damm) became firmly established as the city’s premier retail location, with footfall comparable to that of Neuhauser Strasse in Munich and Hamburg’s Mönckebergstrasse. As a result, more and more top brands have opened flagship stores there in the past few years. These include luxury labels such as Prada and big-name retailers including Bershka, Apple and Uniqlo.