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» Chronological View: " Central Europe " «

The the façade on Mennica Legacy Tower's lower building is being assembled

The the façade on Mennica Legacy Tower's lower building is being assembled

Intensive works to build the 140-meter high tower and 43-meter high lower part of the complex, the so-called Western Building, are currently under way on the construction site of Mennica Legacy Tower. The tower is located on the junction of Prosta and Żelazna streets. The construction of Mennica Legacy Tower commenced in Nove...
Monday, 23. April 2018
Realogis brokers former 35,000 sqm Metro stand-alone property in Frechen to Offergeld

Realogis brokers former 35,000 sqm Metro stand-alone property in Frechen to Offergeld

The Offergeld Group is opening another logistics location in North Rhine-Westphalia. In a deal brokered by Realogis, the logistics company chose to take out a long-term lease for the stand-alone property to the south of Cologne previously used by Metro. Since March 2018, the family-run company with operations throughout Europ...
Monday, 23. April 2018
KD Funds and Peakside Capital launch First Regulated Alternative Investment Fund

KD Funds and Peakside Capital launch First Regulated Alternative Investment Fund

KD Funds and Peakside Capital announce the launch of the KD Adriatic Value Fund, Special Investment Fund, the first regulated real estate alternative investment fund (AIS) in Slovenia. The new fund will leverage the unique combination of Peakside’s real estate market knowledge coupled with KD Funds’ global expertise and exper...
Monday, 23. April 2018

Eyemaxx Real Estate secures project for 157 Serviced Apartments in Essen

Eyemaxx Real Estate AG has secured an attractive project to build a total of 157 Serviced Apartments in Essen. The company hence executes the market entry into this high growth segment of the commercial real estate market, in conformity with its strategy, with a project which boasts a return on equity (IRR) in the upper doubl...
Monday, 23. April 2018

Record take-up on the top 5 office letting markets

The first quarter saw a total of 781,900 sq m taken up in the German office letting market in the top locations, a result which therefore exceeded the 10-year average for a first quarter by a good 24 percent. This is the conclusion drawn in a current analysis prepared by the global commercial real estate services company CBRE.
Monday, 23. April 2018
TH Real Estate acquires Edge assets to launch €1bn partnership

TH Real Estate acquires Edge assets to launch €1bn partnership

In order to launch a €1bn strategic partnership with Edge Technologies, TH Real Estate’s Cityhold Office Partnership (CHOP) has acquired a duo of assets from the technology-led developer. TH Real Estate, on behalf of the Cityhold Office Partnership (CHOP), has completed the acquisition of the Edge Olympic in Amsterdam from Ed...
Monday, 23. April 2018
Redos acquires retail park in Goslar for special fund

Redos acquires retail park in Goslar for special fund

The Redos Group from Hamburg has acquired a retail park in the Lower Saxony town of Goslar. It was purchased for the special fund “Redos Einzelhandel Deutschland II”, which the independent retail property specialist set up for institutional investors in September 2017 together with Union Investment under a third-party AIFM ma...
Monday, 23. April 2018

Empira opens office in Frankfurt and moves into larger premises in Zug

Empira AG is to relocate its head office into larger premises within downtown Zug, in all probability at the end of May. In addition, the company has been represented with an office in Frankfurt am Main since April of this year to expand its institutional business. The office is headed by Christian Hanke, Managing Director of...
Monday, 23. April 2018

KfW lets 5,300 sqm in Frankfurt office building Centurion

The KfW banking group has let approx. 5,500 sqm in the office building Centurion in Frankfurt-Bockenheim. The property, which is located at Theodor-Heuss-Allee 112 and also known as the American Express House, is part of the portfolio of the Dutch Family Office Golden Star. They had acquired the 30,000 sqm property in 2016 fr...
Friday, 20. April 2018
Garbe Real Estate celebrates topping out ceremony for Campus Tower in Hamburg

Garbe Real Estate celebrates topping out ceremony for Campus Tower in Hamburg

The topping-out wreath was raised: The Campus Tower will be one of the most striking buildings in the HafenCity Hamburg. A 16 floor tower with a long side bar marks the beginning of the Baakenhafen quarter and connects Hamburgs „academic quarter“ to the east of HafenCity University.
Friday, 20. April 2018

Second-tier cities combine higher returns with lower risks than metropolises

Second-tier cities offer higher return potentials than the seven Class A cities, while also boasting a greater stability of income, a comprehensive survey conducted by Demire Deutsche Mittelstand Real Estate AG and the Bulwiengesa research institute published found. The elevated return potential manifests itself most conspicu...
Friday, 20. April 2018
Neinver opens Halle Leipzig The Style Outlets Phase II

Neinver opens Halle Leipzig The Style Outlets Phase II

Neinver has officially opened the Phase II extension of Halle Leipzig The Style Outlets. The first outlet centre in Central Germany, which is also celebrating its second anniversary, has increased by 60 percent its GLA with the addition of 7,000 m², taking the centre’s total commercial space to 18,000 m².
Friday, 20. April 2018

Pbb provides finances for acquisition of three shopping malls for Newbridge

Pbb Deutsche Pfandbriefbank provided an investment facility of €74 million to companies owned by Newbridge for the acquisition of three shopping malls in Poland, namely Bielawy in Torun, Guliwer in Lódź and Czyżyny in Kraków. The 72,000 sqm portfolio is nearly fully leased, with Carrefour Polska as the anchor tenant on long l...
Friday, 20. April 2018
Quadoro acquires Shopping Centre in Kaiserslautern

Quadoro acquires Shopping Centre in Kaiserslautern

Quadoro Doric has acquired the Fackelcenter in Kaiserslautern on Richard-Wagner-Straße 1 for the open-ended special AIF Vontobel Sustainable Real Estate Europe. The Fackelcenter is a mixed-use retail and office building with 11 storeys and 9,200 m² of lettable space. It is conveniently located on one of the most highly freque...
Friday, 20. April 2018
Foundation stone laid for Alexander quarter in Berlin

Foundation stone laid for Alexander quarter in Berlin

Since the beginning of the year, excavators are rolling on the site of the new Alexander Quarter (Alexanderquartier), in the immediate vicinity of Alexanderplatz in Berlin. On April 10 the development participants laid the foundation stone. Investor for the development is a development company of the European Student Housing ...
Friday, 20. April 2018
P&P buys Telekom portfolio for approx. €80 million

P&P buys Telekom portfolio for approx. €80 million

The P&P Group acquired the Southwind Portfolio a few days ago. Seller is Deutsche Telekom AG. Now in addition to Bavaria, the developer from Fuerth is also represented in the federal state of Baden-Wuerttemberg, Hessen and Rhineland-Palatinate with the Nuremberg metropolitan region and the Munich area.
Friday, 20. April 2018
Patrizia acquires a 525-unit residential portfolio in Leipzig and Mainz

Patrizia acquires a 525-unit residential portfolio in Leipzig and Mainz

Patrizia Immobilien AG has acquired a residential portfolio with a projected total of 525 student and business apartments in Leipzig and Mainz for 53 million Euro on behalf of a separate account mandate from a large German pension fund. The three properties of the portfolio are located in stable macro and micro locations char...
Thursday, 19. April 2018

State of Baden-Württemberg rents GIEAG property in Stuttgart

The GIEAG Immobilien AG (GIEAG) has concluded a long-term rental agreement with the state of Baden-Württemberg from 1 June 2018 5,000 for all of the approx. 5,000 square meters of space in its office complex in Stuttgart. The estate agent for the rental agreement was E&G Real Estate.
Thursday, 19. April 2018