TD News International Location: Bonn

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 [...]

Bonn: Ten Brinke builds offices for 2,500 Deutsche Post employees

17/04/2018 Deutsche Post DHL Group wants to consolidate its 20 locations in Bonn in the vicinity of the Post Tower in Bonn-Gronau. A five-story building with penthouse offering work space for up to 2,500 employees is to be built on a 16,000 sqm lot on Baunscheidtstraße. Plans call for 52,000 sqm GFA, which will probably be [...]

Bonn: International organization leases 6,300 sqm office space

12/03/2018 The international organization OCCAR, which manages operative defense equipment programs, has leased 6,300 sqm office space in the office ensemble Godesberger Allee 150-154 in Bonn. The lessor is the owner’s group Domscheit, who built the complex in 1996. With this 15-year contract, the organization is moving its headquarters from Godesberger Allee 140; the 300 employees [...]

Bonn: Defense ministry leases 6,000 sqm office space

07/03/2018 The Federal Defense Ministry has reserved another 6,000 sqm office space in Bonn. The owner is a company from Berlin, who intends to revitalize the building on Godesberger Allee within the next three years. The property was under forced administration until 2017. With the current lease it is now 74 % occupied. The ministry will [...]

Bonn: Sparkasse sells Galerie

24/01/2018 Sparkasse KölnBonn is selling its new building “Galerie Sparkasse” on Bonn’s Friedensplatz. The buyer is a consortium of pension funds of large corporations. The notary agreement for the office and commercial building with 16,500 sqm total floor space has already been signed, though the sale has not been closed. Sparkasse is using 6,000 sqm in [...]

Tristan buys Telekom building in Bonn from Art-Invest

06/12/2017 Tristan Capital Partners has acquired an office building in Bonn from Art-Invest in an off-market deal for €35mn. The transaction had become known in October, but without a purchase price and the name of the seller. The property on Godesberger Allee 83-91 has 18,658 sqm floor space that are fully leased to Deutsche Telekom. The [...]