TD News International Location: Augsburg

Augsburg: GEG buys “Helio”

24/06/2019 GEG German Estate Group has acquired the “Helio” (formerly Fuggerstadt Center) near Augsburg’s main station. It is said in market circles that the investment volume is around €100mn to €110mn. The four connected building sections plus an underground garage with about 600 parking spaces were bought in an off-market transaction from a property company of [...]

Augsburg: Beos buys 33,000 sqm logistics center

02/05/2019 Beos has acquired a logistics property in Augsburg’s Lechhausen industrial park from the lighting manufacturer Ledvance for institutional investors. Transfer of ownership will take place in autumn. The approx. 51,000 sqm property holds two partitionable logistics facilities with over 33,000 sqm of total lettable space and around 1,200 sqm of office space. Areas of the [...]

Augsburg: Competition for “A-Town High” decided

19/03/2019 The office tower “A-Town High” planned in Augsburg’s Innovationspark will be built according to plans by Eike Becker Architekten of Berlin. The firm beat out four competitors in a multiple commission process . The “A-Town High” is being built jointly by weissmanngroup of Munich and Audax of Augsburg. The draft calls for a 70 m [...]

Augsburg: Primepulse buys commercial park Alte Uni

04/12/2018 A subsidiary of Munich-based Primepulse has acquired the five-building commercial park “Alte Uni Augsburg”. According to a release, the property on the southern edge of the city center has 15,350 sqm lettable space that generate annual rental income of €1.6mn; rental return is quoted at 6 %. Tenants include Media Markt and an Italian restaurant. The [...]

Augsburg: DPD and List building logistics center

31/10/2018 DPD and general contractor List Bau Bielefeld have begun construction of a new package sorting center in Augsburg. The new depot is to replace the former DPD location in the area. The package service has stated that it is investing €45mn in the 53,500 sqm hall. The new center will initially be serving the same distribution area [...]

Augsburg: 60 m high office tower planned for Innovationspark

26/10/2018 The Augsburg Innovationspark is currently planning a 60 m high tower with space for serviced apartments, offices, and commercial use. The 3,600 sqm construction site number 29 was acquired in October by the project company A-Town High, a cooperation of the Munich investor weissmanngroup and the Augsburg project developer Audax. The financing was structured by [...]

Augsburg: Instone plans 400 apartments

18/10/2018 Instone Real Estate has acquired several contiguous properties in Augsburg’s city center from Aurelis Real Estate. 395 apartments with a total living area of approx. 18,100 sqm are planned for the 14,000 sqm property located near Augsburg’s main railway station. Construction is scheduled to start in the second half of 2019 and should be completed [...]

Augsburg: Woolworth moves into “Helio”

21/08/2018 Woolworth will be one of the new tenants at Augsburg’s “Helio”. The department store chain will be leasing nearly 1,200 sqm in the basement and a shop on the ground floor. The “Helio” is the former “Fuggerstadt Center,” which is currently being revitalized by Activum SG. The list of tenants also includes Rewe, dm, a [...]

Augsburg: Isaria plans up to 600 apartments

13/04/2018 Isaria has acquired the 6.5-hectare Railway Park site in Augsburg’s Hochfeld district, and intends to build a city quarter there with 500 to 600 apartments. An urban planning competition will be announced before detailed planning begins. Construction start is anticipated for 2025.

Augsburg region : Aurelis buys 18,000 sqm logistics hall

19/09/2017 Aurelis Real Estate has purchased an 18,000 sqm storage and logistics hall in Friedberg in Bavaria. The asset was sold by a private group of owners and is leased to a mid-sized logistics company. The hall has wrap-around vehicle access and 15 roll gates with ramps. Aurelis states that they intend to keep the asset [...]