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TD News International

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Stuttgart: Software firm leases 25,000 sqm from Wöhr+Bauer

19/02/2019 Wöhr+Bauer has completely leased the office building “W9” planned in Stuttgart-Weilimdorf before the start of construction: The software firm Vector Informatik has signed a long-term lease for 25,000 sqm. Completion of the six-story structure designed by wma Architekten is anticipated for Q2 of 2021. Colliers International Stuttgart advised on the lease. Apart from the lot on Weissacher [...]

Dietz building Puma central warehouse in Lower Franconia for €95mn

19/02/2019 Dietz AG has broken ground on a new European central warehouse for sporting goods manufacturer Puma in Geiselwind (Kitzingen district) in Lower Franconia. They are building more than 63,500 sqm logistics space, 5,800 sqm office and social space, and more than 700 sqm for technology in the “Inno-Park” commercial park. The facility will serve both Puma’s [...]

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Berlin: Property acquisitions up to nearly €19bn

19/02/2019 According to the Property Valuation Committee, €18.97bn were invested in Berlin’s property market last year. This is a record figure and 5 % more than in 2017, the committee states. However, according to preliminary figures the number of purchases has dropped by 9 % to 27,266. Residential and commercial property made for transactions worth €5.51bn (+15 [...]

Munich: 14,500 sqm in “neue balan” leased

19/02/2019 The consulting firm Accenture signed a lease for 14,500 floor space in Munich’s “neue balan” campus a few days ago. They will be moving into the space in three phases by the fall of 2020, as lessor Allgemeine Südboden reports. To create the necessary space, the existing building 17 will be completely gutted and revitalized, [...]

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Berlin: Union Investment lets 7,200 sqm in Mitte

19/02/2019 Union Investment has let roughly 7,200 sqm office space in two buildings in Berlin-Mitte. About 2,000 sqm in the DomAquarée near Alexanderplatz will be occupied by IT company Ada Health starting March. CBRE brokered the lease. The DomAquarée on the corner of Karl-Liebknecht-Straße and Spandauer Straße has about 68,000 sqm. In the “Pergamon Palais” on [...]

Bochum looking for new investor for city center lot

19/02/2019 BaseCamp Student GmbH will not be developing the apartment tower near the main station in the city center of Bochum. “Due construction cost developments, we cannot take on this ambitious project at this time,” says Managing Director Andreas Junius, adding that he would still consider implementing the plans if and when the market situation relaxes. [...]