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Central Europe

Aventos unveils master plan for 90,000 sqm campus in Berlin

Together with David Chipperfield Architects and Eike Becker_Architekten, the independent investment manager Aventos unveiled the master plan for the first stage of its new Luxwerk urban technology campus in Berlin’s Siemensstadt. Overall, more than 90,000 square metres of sustainable commercial space will be created in Berlin...
Thursday, 1. December 2022

EF Logistik leases 17,000 sqm logistics unit from EQT Exeter

The former Ppco warehouse in Lehrte has a new tenant. The stand-alone building will be available to the new tenant, automotive logistics specialist EF Logistik GmbH, from December 2022 on a long-term lease. The stand-alone property at Vor dem Osterholze 2 is a part of the EQT Exeter Value Add Fund III. The new lease for the 1...
Wednesday, 30. November 2022

Noratis buys housing portfolio in Lower Saxony

Noratis AG has further expanded its existing property portfolio in Lower Saxony with the purchase of 46 apartment buildings in Bückeburg (Schaumburg district). The company, which is among the leading portfolio developers in Germany, has acquired a total of 204 residential units with total rental space of more than 13,900 m² i...
Wednesday, 30. November 2022

Mitiska REIM opens food-anchored retail development in Kolobrzeg

Mitiska REIM has announced the opening of a new retail center development in the Polish city of Kolobrzeg. Developed in joint venture with local partner Karuzela Holding and designed to achieve a “Very Good” score on the BREEAM in-use scale, this is the third retail development project opened by Mitiska REIM and Karuzela Hold...
Wednesday, 30. November 2022

CA Immo reaches full occupancy of "ZigZag“ in Mainz

The ZigZag office building developed by CA Immo in Mainz Zollhafen as a green building with a total rental area of around 4,600 m² is fully let. CA Immo completed the state-of-the-art and fully digitalised building in 2021.
Wednesday, 30. November 2022

Adler completes project sales in the amount of €218m

Following the successful agreement with major bondholders and securing financing until mid-2025, Adler Group S.A. today reports „a continued robust operating performance of its existing portfolio“ in the first nine months of 2022. This period also includes the completed sales of the projects „Ostend Quartier“, „Westend Ensemb...
Tuesday, 29. November 2022

BNP Paribas REIM acquires Honeycamp in Mannheim

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany completed the acquisition on October 1st, on behalf of one of its funds, of the Honeycamp Cocrafting property in Mannheim from developer Honeycamp Group.
Monday, 28. November 2022

DIC Asset concentrates its logistics business in VIB Vermögen

DIC Asset AG has increased its majority stake in the public limited company VIB Vermögen AG to around 68% and has thereby further expanded its influence over the company. DIC is now pooling its entire logistics activities in VIB, which will act as logistics real estate arm of the DIC Asset Group (DIC Asset AG and its subsidia...
Monday, 28. November 2022

Verdion sells UPS Prague logistics hub

Verdion has sold UPS’s Czech headquarters and principal logistics hub to Safichem Invest a.s., the investment management arm of leading complex engineering, manufacturing and asset management company Safichem Group AG.
Monday, 28. November 2022

Vacancy rate of Czech industrial space decreased below 1%

In Q3 2022, the Czech market grew at a faster pace than at any time previously, adding 511,100 sqm of new modern industrial space to the market. The market stock overtook the level of 10.65 million sqm, further expanding after breaking the 10 million sqm milestone in H1 2022. The vacancy rate decreased to 0.99% and for the fi...
Monday, 28. November 2022

ID Logistics sells first German logistics warehouse to Patrizia

French ID Logistics is finally moving ahead with its logistics real estate development in the trimodal inland port of Germersheim, Rhineland-Palatinate. The company is developing 23,000 sqm of logistics space on a former brownfield. Before construction starts investment manager Patrizia has acquired the building through a fo...
Monday, 28. November 2022

NREP makes first real estate investment in Germany

NREP announces the continued extension of its impact into Northern European countries following its first real estate investment in Germany and the establishment of a dedicated team of eight initial employees. Two offices have been opened, in Frankfurt and Munich, completing the existing on-the-ground presence consisting of t...
Friday, 25. November 2022

Panattoni to build logistics park near Tesla Gigafactory

Panattoni is developing a new building in Grünheide, Brandenburg, with a direct connection to the Gigafactory Berlin-Brandenburg of the international car manufacturer Tesla. Potential user requirements from the automotive and supplier sector have already been taken into account during construction of the modern and sustainabl...
Friday, 25. November 2022

Accolade leases nearly 460,000 m² of industrial space across Europe

In the second and third quarters of this year, premium industrial and logistics real estate investor Accolade signed lease agreements for almost 460,000 m² in the six countries where it operates. A significant part of this was due to parks in the Czech Republic and Spain, its first park in the Netherlands, and also Poland, wh...
Wednesday, 23. November 2022

Garbe to invest €33 million in Lüneburg

Garbe Industrial Real Estate GmbH is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. To this end, the Hamburg-based project developer has purchased a plot of land in Lüneburg that is around 33,000 m² in size and ready for construction. A logistics property with a total area of appro...
Wednesday, 23. November 2022