Central Europe

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...

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...

Panattoni takes on another development for ESA Logistika in the Radzymin area. One of the leading logistics operators in the CEE region is to take up 30,000 sqm from the beginning of 2023.

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...

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...

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.

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...

AEW has agreed to acquire FrankenQuai, an office building in Hamburg. The asset was acquired on behalf of one of AEW’s funds under management.

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.

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...

GIEAG Immobilien AG has finally completed the sale of its portfolio property in Heidenheim. Buyer is Schwäbische Grundbesitz GmbH. The residential property contains 80 apartments and is fully let with the exception of two residential units.

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.

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...

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...

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...

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...

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...

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...