TD News International Location: Darmstadt

GSW builds 141 apartments in Darmstadt

16/08/2019 The Gemeinnützige Siedlungswerk Frankfurt (GSW) is building the “Mary & Abe” residential construction project on the 9,500 sqm site of the former Lincoln barracks located on Susan-Sontag-Weg in Darmstadt’s Bessungen district. The project is for 106 condominiums (53 subsidized and 53 privately financed) and 35 rental apartments. The apartments have around 11,500 sqm. of total [...]

Commerz Real and Wertgrund buy first residential complex for Hausinvest in Darmstadt

09/07/2019 A planned residential complex in Darmstadt has become the first acquisition for Commerz Real and Wertgrund in their recently launched cooperation. The seller is MAG Projektentwicklungs GmbH, a subsidiary of Mainzer Aufbaugesellschaft. The purchase price is said to have been in the upper double-digit millions. Completion of the buildings is scheduled for 2021. Wertgrund supported [...]

Darmstadt’s mayor wants 1,000 apartments on Aurelis site

27/05/2019 Around 1,000 apartments are to be built on a 1.2 hectare site on Mainzer Straße in Darmstadt, directly north of the city’s main railway station. The city’s mayor, Jochen Partsch (Greens) says that he had persuaded the site’s owner Aurelis to allow the lease with an auto transport company to expire at the end of [...]

Darmstadt: Warimpex acquires former Telekom conference hotel

25/04/2019 Warimpex has acquired a former conference hotel at Hilpertstraße 27, Darmstadt, from the Telekom subsidiary Commundo. The three-star hotel, which closed at the end of July 2018, has 16,801 sqm of UFA, 324 bedrooms, 26 conference rooms, 820 sqm of office space and 217 parking spaces. Warimpex wants to reopen the hotel in the 3rd [...]

Warburg-HIH buys part of Darmstadt’s Europa-Arkaden

05/12/2018 Warburg-HIH Invest Real Estate has bought a section of the Europa Arkaden in Darmstadt. The office building is to be added to the Spezialfonds Deutschland Selektiv Immobilien Invest. The seller of the property in the Europaviertel across from Darmstadt’s main station is Schroder Property Investment Management, who had bought the asset with roughly 8,000 sqm total [...]

Hannover Leasing: New retail fund buys “Quartier West” in Darmstadt

21/11/2018 Corestate subsidiary Hannover Leasing is launching a new closed retail fund with €63mn investment volume. The new fund will invest in the office and hotel complex “Quartier West” currently being built in Darmstadt’s “Telekom-City”, which consists of an office building with 9,205 sqm lettable space and a Moxy Hotel with 178 rooms. Corestate intends to collect €32.5mn [...]

Seifert Logistics leases 35,000 sqm in Dietz logistics park near Darmstadt

18/09/2018 Dietz AG has signed a lease with Seifert Logistics Group for more than 35,000 sqm logistics space in a commercial park near Bürstadt in South Hesse. After the second-largest regional warehouse of anchor tenant Rossmann began operations there in the spring of this year, the 1st building phase of the roughly 72,000 sqm logistics park [...]

Ferox buys 56,000 sqm office building H 31 in Darmstadt

13/08/2018 Wuppertal-based Ferox Immobiliengruppe has acquired the 56,000 sqm office building H 31 in Darmstadt from Karl Group (Innernzell). Legal seller of the property on Hilpertstraße 31 is attorney Axel Bierbach of the law firm Müller-Heydenreich Bierbach & Kollegen (Munich). He is the insolvency administrator for Deutsche Fonds Management GmbH & Co. DCM Renditefonds 15 KG. The closed [...]

Apleona manages Merck Innovation Center in Darmstadt

30/05/2018 Apleona HSG Facility Management has taken over operation of the new Merck Innovation Center in Darmstadt based on a three-year service contract. The new heart of the science and technology group’s headquarters has open space areas for startups, as well as a multi-media library, an auditorium, lounge, café, and shop space, and an employee restaurant. [...]

RLI buys Darmstadt logistics property for €36mn

15/05/2018 RLI Investors has acquired a fifth property for its “Logistics Fund – Germany II” fund. According to the company, the newly-acquired property is about 20 km west of Darmstadt with an area of 35,700 sqm, including 31,000 sqm of logistics space. It was built in 2000. The price for the single-tenant property was €36mn. The [...]