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TD News International

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Argon and GW-K to build quarter in Schönefeld for €100mn

19/07/2018 The Stuttgart developer Argon and the Berlin company GW-K Grundwert Konzept are planning a city quarter in Schönefeld near the capital city’s future airport. The quarter, on which about €100mn will be spent, will be built on a lot surrounding the community town hall on Hans-Grade-Allee, and will consist of around 330 apartments with 24.000 [...]

Stuttgart: Karstadt Sports moving to upper Königstraße

19/07/2018 Karstadt Sports is moving to another prime Königstraße location in Stuttgart. The company is moving from Königstraße 1C, located at the Schlossgarten, to the former Karstadt building at Königstraße 27-29 . The newspaper “Stuttgarter Zeitung” has confirmed information given to TD that the company’s new landlord will be Union Investment. Karstadt Sports will occupy 3,651 [...]

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Hanover: DWS buys large commercial project from List

19/07/2018 Through its subsidiary Rreef Investment, DWS has acquired the 25,000-sqm office and commercial building project at Vahrenwalder Straße 11 from the project developer List Develop Commercial. All five floors, with approx. 14,000 sqm of lettable space, are being let to Design Offices, B&B, Rewe, and dm. The building complex also has a bi-level underground parking [...]

Düsseldorf: Aberdeen buys residential project in Gerresheim

19/07/2018 Aberdeen Standard Investments has acquired a residential project in Düsseldorf for a Spezial-AIF. The seller is the consortium Tecklenburg. The project consists of 15 townhouses, two residential buildings with 28 units between them, and a commercial property. TD has learned that this is the “Quartier Heyestraße 179” in the Gerresheim district. Construction is scheduled to [...]

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Kiel: LHI and BAM build new bank for €90mn

19/07/2018 Investitionsbank Schleswig-Holstein (IB.SH) has awarded the contract for the completion and 25-year operation of its new building in Kiel’s Hörn area to a joint venture of LHI Leasing and BAM Deutschland AG. The two five-story buildings will accommodate 650 employees; construction costs will amount to €90.5mn (gross). Groundbreaking is scheduled for the first half of [...]

Berlin: Apleona awarded FM contract for Quartier Hellersdorf

19/07/2018 Apleona HSG Facility Management has taken over the technical and infrastructural facility management for Quartier Hellersdorf (“Helle Mitte”) in Berlin, comprising four buildings at Fritz-Lang-Platz with about 55,000 sqm of GFA for offices, apartments and shops, a fitness studio, a multiplex cinema, an indoor climbing park, and three underground parking garages. Apleona has been responsible [...]