TD News International Location: Augsburg

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 [...]

Augsburg: “Sheridan Tower” goes to Swiss Life Fund

17/08/2017 Swiss Life Asset Managers has acquired the “Sheridan Tower” in Augsburg for €19.4mn. The office building under construction will be integrated into the recently launched fund “Swiss Life REF (DE) Key Regional Cities Germany”. Corpus Sireo handled the purchase. The seller is project developer Eco Office from Augsburg, which will implement the building with Asset [...]

Augsburg: HR Group buys Dorint Hotel from Ebertz funds

29/07/2016 Hotels by HR GmbH from Berlin buys the Dorint Hotel in Augsburg. It previously belonged to an Ebertz funds, which became insolvent reportedly due to high interest payments. For now, no modifications in operation will be made in light of the sale, HR explained upon inquiry; the lease agreement with Neue Dorint GmbH (belonging to [...]

Aurelis buys logistics complex near Augsburg

20/06/2016 Aurelis Real Estate has purchased a logistics complex with 19,800 sqm hall area and 1,500 sqm office and social space in Dasing near Augsburg. The two-building property is located on Am Birkfeld near the “Acht 300” commercial park. Aurelis reports that the structures are 75 % leased. Three hall units with a total of 5,300 [...]