TD News International Location: Dortmund

Dortmund: Catalyst sells insurance buildings

17/08/2018 Catalyst Capital has sold the 10,277 sqm, two-section office building on Heiliger Weg in downtown Dortmund for a Luxemburg fund. TD research found that the buildings are number 74/80. The ensemble was built in 2000 and has two insurance companies for anchor tenants (Allianz and Knappschaft); the WALT is nearly 5 years. The buyer is [...]

Headstream and Anter focus on hotel acquisitions

18/07/2018 Headstream Capital of Frankfurt, who had previously focused its opportunistic real estate investments on residential and office properties, is now also looking at hotels. Together with Anter Group of Dortmund, the firm has acquired five establishments with a total of 600 rooms for an amount in the high double-digit millions. The package consists of the Achat [...]

Dortmund: Ten Brinke builds 500 student apartments near “U”

16/07/2018 Ten Brinke is developing 500 student apartments near the “Dortmunder U” on the north-western edge of the city center. Plans were provided by SSP Architekten of Bochum, who were the first choice in the selection process. The drafts envision a building with about 20,000 sqm above-ground GFA and an underground garage with 174 parking spaces [...]

Dortmund: Franceurope Immo makes first German acquisition

12/07/2018 AEW Ciloger has acquired an office building at Semerteichstraße 47-49 in Dortmund on behalf of OPCI Franceurope Immo, a French property fund for private investors. The seller is the Cording Real Estate Group, on behalf of LQG Landmark Partnership. The six-story building has 10,000 sqm of total lettable space. Cording has fully let the property, [...]

Dortmund: Dudoq to build high-rise hotel

25/05/2018 The Aachen-based company Dudoq Real Estate intends to erect a hotel tower near the B1 motorway in Dortmund. A 267-room, “three-star-plus” hotel designed by F+G Geddert Architekten with a total area of 13,500 sqm is to be built on the 4,800-sqm site of the former Stadtwerke depot, at the intersection of Märkische Strasse and the [...]

Dortmund: Landmarken to develop 1950s historic building

12/04/2018 Dortmund’s city council has decided for Landmarken AG as developer for the former Health Authority, a listed building at Hövelstrasse 8. The designs, by Pinkarchitektur in Düsseldorf, provide for mixed use on 12,900 sqm GFA for the building complex, which was erected in Dortmund’s city center in the 1950s. Plans include a 155-room hotel for [...]

Forte and Proprium buy 2,000 apartments in Dortmund and Bochum

12/03/2018 Forte Group and a fund administered by Proprium Capital Partners have jointly acquired a residential portfolio in North Rhine-Westphalia. According to a release, the package includes about 2,000 residential and commercial units, mostly larger housing complexes in good districts of Dortmund and Bochum. Total lettable floor space is about 130,000 sqm. The seller is a [...]

Dortmund: Hema leases 1,400 sqm on Westenhellweg

20/02/2018 The Dutch retail chain Hema has leased 1,400 sqm in a prime location of downtown Dortmund, on Westenhellweg 52. The store is to open in the 2nd quarter after the fit-out is completed. Storescouts brokered the lease and advised both sides.

Decathlon leases 3,800 sqm in Dortmund

08/02/2018 Sporting goods retailer Decathlon has leased the first two floors of the Boecker building at Kampstrasse 5 in Dortmund’s city center, and plans to open a store with 3,800 sqm of retail space at the end of the year, after renovations. ST Dortmund BV, a project company of the European Student Housing Funds (ESHF), had [...]

Dortmund: GEG buys Harenberg City Center for €70mn

22/12/2017 GEG has purchased the HCC Harenberg City Center at Dortmund’s main station. Seller of the 21,500 sqm office high-rise at Königswall 21 is a fund managed by JP Morgan Asset Management. The total investment volume lies at around €70mn. The “HCC” was opened in April 1994 and renovated between 2010 and 2012. At 70 meters [...]