TD News International Location: Darmstadt

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 [...]

Hamborner places promissory note bond, makes acquisitions in Darmstadt

23/03/2018 Hamborner REIT AG has placed a promissory note bond of €75mn and has invested part of the proceeds into a real estate acquisition. The agreement of sale for a retail/office property in the Darmstadt-Nord commercial district was signed this week. Long-term tenant for the retail space, which makes up approx. 70% of the lettable space, [...]

Record year for Darmstadt’s office lease market

26/02/2018 Darmstadt’s office space market has cracked the take-up mark of 100,000 sqm for the first time. According to figures compiled by Darmstadt-based broker Pro Immobilis (100,800 sqm) and Colliers International (100,600 sqm) the plus compared to last year was more than 40 %, although about half of that is comprised of short-term leases. For instance, [...]

Darmstadt office market has a slow year

06/03/2017 Darmstadt saw fewer leases of office space in 2016 than the two previous years, and fewer than the average of the past five years. Compared to 2015, take-up declined by 25 % to 55,000 sqm, Colliers International reports. The reason, they say, is the lack of large transactions. Since there were also no leases in [...]

Project Investment builds 160 apartments in Darmstadt

05/12/2016 Project Investment is building seven multi-family structures with a total of 97 apartments on the corner of Donnersbergring and Eschollbrücker Straße in Darmstadt. The sales volume for the project purchased from the institutional real estate development fund Project Vier Metropolen II is around €39.8mn. Plans call for 7,019 sqm living space and an underground garage [...]