TD News International Location: Bremen

Bremen: Metro sells retail park to Corestate

12/04/2019 Metro Properties is selling the “EDU Einkaufspark Duckwitz” in Bremen to Corestate’s Opportunity Deutschland I fund. The former Real hypermarket is under Metro ownership since 2006; in 2011 a Hornbach DIY store was added; in 2015 the property underwent extensive revitalization measures. The retail park grew over several project phases to 45,000 sqm of lettable [...]

Bremen: Zech takes over Europa-Quartier

01/04/2019 The Gustav Zech foundation will be the end investor for the Europa-Quartier in Bremen. Zech has acquired 100% of the SPV for the project from developer Asset Firmengruppe. By 2023, 65,000 sqm GFA for 470 apartments, commercial space, restaurants and spaces for the creative scene are to be developed on the 35,600 sqm lot in [...]

Bremen: Hegemann gets lot on Kaffee-Quartier

26/03/2019 Hegemann Group has sealed a deal for a 12,131 sqm housing development lot between Am Kaffee-Quartier and Johann-Jacobs-Straße in Bremen’s Überseestadt. The economic development agency WFB Wirtschaftsförderung Bremen had tendered the lot last summer. Detlef Hegemann Immobilien Management GmbH is planning a residential complex with 60 townhouses, consisting of seven apartment types and 122 units as well [...]

Bremen: HanseMerkur fund buys “Office Center Überseestadt”

29/01/2019 HanseMerkur Grundvermögen has acquired the fully leased “Office Center Überseestadt” on Konsul-Smidt-Straße 21 in Bremen from the Gustav Zech foundation for its open ended real estate Spezialfonds. Zechbau is currently building the second phase of the structure, bringing the property to 22,000 sqm lettable space. The first phase including a parking garage was completed in August 2018; [...]

LIP buys Rewe cold storage near Bremen for €30mn

15/01/2019 Logistics specialist LIP Invest has acquired the sixth property for its open-ended Spezialfonds “Logistics Germany”: a new cold chain logistics center in Sottrum near Bremen. The investment volume is about €30mn. The structure with roughly 20,500 sqm hall space with zones conditioned to two, six, and 18 degrees, and 800 sqm office space are leased long-term to [...]

Bremen: Basler Versicherung leases 3,250 sqm in Europa-Center

07/01/2019 Insurer Basler Versicherung has leased 3,250 sqm on two floors of the Europa-Center Airportstadt in Bremen. The roughly 180 employees of the company’s Bremen office will be moving in on 1 June. Colliers International brokered the deal. Prior to occupation, the space will be converted to mainly open-space offices, though some single and combination offices will [...]

Bremen: Commerz Real fills ex-Telekom building

25/10/2018 Commerz Real has found tenants for 84% of the former Telekom building, located near the Bremen TV tower and with 16,200 sqm of total office space. These include the Office for Social Services, Jobcenter Bremen, and the Bremen University for Public Administration. According to information provided to TD the property also houses a branch office [...]

LIP buys logistics properties in Berlin and near Bremen

08/10/2018 LIP Invest has acquired two logistics properties in Berlin and the Bremen region in off-market transactions for about €25mn. The roughly 10,000 sqm logistics asset south of Berlin is leased to a large listed company for ten years. In Achim near Bremen, LIP purchased a 12,000 sqm hall that is leased to Nagel Group. The seller [...]

Bremen: Neusta leases 4,200 sqm of office space in “Europaquartier”

23/08/2018 The Internet service provider Team Neusta will be the main tenant in the office section of the “Europaquartier”, in Bremen’s Überseestadt district. The company has leased 4,200 sqm in the Schuppen 3 building, which is being modernized by Asset Firmengruppe in the course of the quarter’s development. The country’s largest Internet agency already leases offices [...]

Bremen: Beos buys industrial park for spezialfonds

03/07/2018 Starting in August, Beos will own the “Lloyd Industriepark” developed by Peper & Söhne and located on Richard-Dunkel-Straße in Bremen’s Neustadt/Airport-City. The company bought the 133,000-sqm site for its open-ended real estate spezial-AIF “BEOS Corporate Real Estate Fund Germany III”. Peper & Söhne had acquired the vacant 1940s and 50s-era warehouses over four years ago, [...]