TD News International Location: Bonn

Union Investment takes over Neuer Kanzlerplatz in Bonn

23/04/2019 Union Investment is buying the office quarter on Neuer Kanzlerplatz in Bonn from Art-Invest Real Estate. The ensemble consists of three buildings totaling roughly 60,000 sqm lettable space, which are to be completed by 2022. Main tenant will be DB Privat- und Firmenkundenbank, and about 80 % of the space has been pre-let. Construction on the [...]

Prime managing “huma Shoppingwelt” in Sankt Augustin

22/03/2019 The Düsseldorf-based company Prime has taken over asset management of the “huma Shoppingwelt” mall in Sankt Augustin, near Bonn, for Jost Hurler as of March 1st. The shopping mall was revamped and modernized in 1977 and again between 2015 and 2017, reopening in September 2017. The mall has around 50,000 sqm of lettable space and [...]

Bonn: Art-Invest takes over Marriott near WCCB

13/03/2019 Art-Invest Real Estate has acquired the Bonn Marriott hotel near the World Conference Center Bonn (WCCB) in a sale-and-lease-back transaction. The seller is DevelopVisio Real Estate. Art-Invest was legally advised on the deal by GSK Stockmann and BLD Bach Langheid Dallmayr Rechtsanwälte; tax advice was provided by McDermott Will & Emery as well as Schoenfeld & Hottendorf. Technical [...]

Bonn: Warburg-HIH buys L’Osteria location

12/02/2019 Warburg-HIH Invest has acquired a fully leased retail building with 1,908 sqm lettable space in Bonn. The property on In der Sürst 3 was modernized in 2013 and 2019, and will be added to open-ended Spezial-AIF “Warburg-HIH Perspektive Einzelhandel: Fokus Geschäftshäuser”. The purchase was brokered by Colliers International. The seller was legally advised by the [...]

HanseMerkur fund buys Forum Pennefeld in Bonn

02/11/2018 HanseMerkur Grundvermögen has acquired the Forum Pennefeld office complex in Bonn’s Bad Godesberg district. The seller is CMF Capital, which acquired the office property with 10,000 sqm lettable space in 2016 together with its sister company CMF+Partner. CMF Capital oversaw its completion and extended the leases. The building is fully let and all tenants were [...]

Bonn: Corpus Sireo buys commercial lot in project “West.Side”

27/06/2018 Instone Real Estate has sold the commercial sites in Bonn’s development quarter “West.Side” to Corpus Sireo Real Estate. Based on Instone’s development concept, the buyer can now build about 40,000 sqm commercial space there. Plans for the quarter also include roughly 550 residential units, 275 of which Instone had just sold to Bavarian pension fund [...]

Bonn: Sofidy buys 14,300 sqm office complex

26/06/2018 French asset manager Sofidy has acquired an office complex in Bonn for its real estate fund Efimmo1. The property on Vorgebirgsstraße was built in the mid-1990s and contains 14,307 sqm floor space and 429 parking spaces. Long-term tenants are Deutsche Post, the German Institute for Federal Real Estate (Bima), and BMW. The seller was advised [...]

Bonn: Gerchgroup buys 3.2 ha Postbank lot

23/05/2018 Gerchgroup has acquired the lot on Kennedyallee 62-70 in Bonn for the development of a mixed-use quarter. The seller of the site, which measures more than 32,000 sqm and holds administrative buildings from the 1970s, is Deutsche Postbank, who will continue to use the property until late 2021. According to the current planning status, the [...]

Bonn: Motel One to move into “Urban Soul” project at main station

27/04/2018 The developers for Bonn’s “Urban Soul – Dreiklang für Bonn” quarter announced at the cornerstone-laying ceremony for the site that its hotel property will be leased by Motel One. The hotel will hold around 230 rooms on five floors. The 40,000-sqm property will also include the “Lifestyle House” retail property and the “City Office” office [...]

Bonn: Pension fund buys Maximilian Center for €112mn

26/04/2018 The “Zusatzversorgungskasse der bayerischen Gemeinden”, part of the Bayerische Versorgungskammer pension fund, has acquired the Maximilian Center, located at Bonn’s main rail station and currently under development. The seller is the Ten Brinke Group, which plans to complete the retail project by mid-2019. According to the fund, the purchase price is €112mn. Around 12,000 sqm [...]