TD News International Location: Bochum

Deutsche Hypo finances “Viktoria Karree” in Bochum

23/05/2019 Deutsche Hypo is financing the construction of Bochum’s “Viktoria Karree” for €116mn. Sparkasse Hannover and Sparkasse Dortmund also each contributed €25mn to the four-year loan in the event of a subsequent third-party transfer of risk. The downtown shopping and services center is a project of HBB Hanseatische Betreuungs- und Beteiligungsgesellschaft. Around 37,900 sqm UFA will [...]

Bochum: Sirius acquires business park for €26mn

14/03/2019 Sirius reports that it has acquired a 56,000 sqm business park in Bochum with a net initial yield of 8.9% for €25.7mn. The seller is DOBA Grund Beteiligungs GmbH, part of the Doblinger Group. The space is currently 95% occupied and generating an annual rent of €2.6mn. According to Sirius, the lease with Pinkerton – [...]

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. [...]

Bochum: Landmarken builds hotel in “Bermuda3Eck”

12/09/2018 Landmarken AG of Aachen is planning a hotel and office project in Bochum. The company will purchase the 5,000 sqm former railyard “City-Tor Süd” near the nightlife district “Bermuda3Eck” from the city. Plans by architecture firm ZHAC include a five to ten-story structure with 15,600 sqm GFA. About a third of that will be the planned [...]

Bochum: Western Post leases 20,300 sqm in Prologis Park

04/09/2018 Logistics services provider Western Post has leased two units with total floor space of 20,300 sqm in Bochum’s Prologis Park near highway A 448. 11,300 sqm have been in operation since June, the other 9,000 sqm will be available to the Cloud Dynamics subsidiary starting October 2019. Western Post is using the location to handle logistics [...]

Bochum decides on urban redevelopment with HBB project

27/04/2018 Bochum’s city council has cleared the way for new development of the city center yesterday evening. HBB can now develop the “Viktoria Karree” according to designs by RKW for €150mn. Three buildings of four to seven stories will be built on 10,500 sqm of land between Junggesellenstrasse and ABC-Strasse, with retail, office, and hotel space [...]

Bochum: Ruhr-University leases 5,500 sqm office space

04/04/2018 Bochum University (Ruhr-Universität Bochum or RUB) is leasing 5,500 sqm office space in the former Opel administration building in commercial park “Mark 51/7” in Bochum-Laer. The owner of the landmarked building on the site of the former Opel Works 1 is Landmarken AG, who had bought the building from Bochum Perspektive 2022. The Aachen-based firm [...]

Bochum: Private investor buys Adient HQ

11/12/2017 A private investor has acquired the former German headquarters of car seat manufacturer Adient in Bochum. The property on Hüttenstraße 40 has 10,000 sqm lettable production space and 3,000 sqm office and social space, and sits on a 42,000 sqm lot. Corealis Commercial Real Estate exclusively brokered the sale. “The property is currently being repositioned [...]

Bochum: Student housing tower planned at main station

01/09/2017 Base Camp GmbH is planning a 60-meter-high student residence with 400 apartments and a new car park with several hundred parking spaces on the site of a current car park near to Bochum’s central train station. The plans drawn up by Gerber Architekten were presented in the Town Hall according to an announcement from the [...]

Bochum: Kintyre becomes co-owner and manager of the “Drehscheibe” shopping centre

30/08/2017 Kintyre plans to reposition the “Drehscheibe” shopping centre in Bochum’s inner city. The company based in Frankfurt has taken over the asset and centre management for a period of eight years, and with a share of 5.1%, is joining as co-investor of the 12,000-sqm centre on Kortumstraße. According to the company, Kintyre is negotiating with [...]