TD News International Location: Düsseldorf

Düsseldorf: Levi’s opens new flagship store on Schadowstraße

23/04/2019 Levi’s has opened a new flagship store on Schadowstraße 55 in Düsseldorf. The shop has 822 sqm retail space and will be operated in addition to the existing store on Mittelstraße 17. The lessor is a private owner. The shop had been leased to shoe retailer Siemes for the last 30 years, before Tally Weijl [...]

Real I.S. acquires business properties in Cologne and Düsseldorf

18/04/2019 Real I.S. has acquired two buildings in Cologne and Düsseldorf from the Pan European Urban Retail Fund (PURetail), co-sponsored by Aberdeen and La Française. The Cologne property, located on Mittelstraße 20-24, has 2,169 sqm of retail space, 878 sqm of office space, 556 sqm of residential space and 695 sqm of warehouse space. It was [...]

Die Developer, sovereign wealth fund plan high-rise in Düsseldorf

12/04/2019 The Zech subsidiary Die Developer, together with a sovereign wealth fund from the Middle East, intends to build a new high-rise on Kennedydamm in Düsseldorf. The 16-story “Eclipse” will be built on the current parking lot of the Hilton Hotel opposite the “Horizon”, also built by Die Developer and headquarters to L’Oréal. The design, by [...]

Düsseldorf: Huawei leases large office space in Seestern

08/04/2019 Chinese smartphone maker Huawei has leased 8,700 sqm office space in building Seestern 5 in the eponymous district of Düsseldorf. The owner is a joint venture of Revcap and Kriton Immobilien, who acquired the property in Q4 of 2018 and has now fully leased the space. Huawei will be moving in on 1 August of [...]

Düsseldorf: Ubisoft and IBM each lease over 7,000 sqm of office space

04/04/2019 The IT firms Ubisoft Blue Byte and IBM have signed contracts for larger office space outside the central Düsseldorf locations. The French game developer Ubisoft is leasing 7,740 sqm of office space in the “Duo”, located at Luise-Rainer-Straße 7-11 in the submarket Grafenberger Allee, from Harbert European Real Estate. Ubisoft is currently still located at [...]

Colliers: growth of residential business in North Rhine-Westphalia

21/03/2019 Colliers International has a new team dedicated to residential investment in North Rhine-Westphalia, with nine employees hired for the company’s Cologne and Düsseldorf offices since the beginning of the year. Team leader for the residential and commercial building division will be Niels Zavbi, MRICS, working together with Felix von Saucken, Head of Residential Germany. Zavbi, [...]

Düsseldorf IKB headquarters now in funds managed by Ares and EDF

19/03/2019 A joint venture of real estate funds managed by Ares Management Corporation and EDF Invest is the previously unknown investor who acquired the headquarters of IKB Deutsche Industriebank in Düsseldorf. The signing for the sale, which according to TD information had a price tag of about €230mn, had been reported back in December 2018, the [...]

Düsseldorf: Office project “Deck 21” to be built in Rath

15/03/2019 Planning is underway for the office project “Deck 21”, presented at MIPIM in Cannes and to be built in Düsseldorf’s Rath district. The project is owned by a joint company of the architect Thomas Deilmann and entrepreneur Josef Rentmeister. A new three-story building with 4,700 sqm of office space is to be built on the [...]

Düsseldorf: Momeni and Ingenhoven plan high-rise complex in Media Harbour

14/03/2019 Düsseldorf’s Media Harbour will soon be getting a new high-rise complex, according to Mayor Thomas Geisel, who revealed the plans at MIPIM in Cannes. After several months of sales proceedings for the municipal property at Kaistraße 1/Franziusstraße, it has been decided that Momeni will be developing the site. The plans, by Ingenhoven Architects, are for [...]

Düsseldorf: Double hotel with 500 rooms planned near airport

25/02/2019 A company owned by Reggeborgh, Delta Projektentwicklung, and Kondor Wessels are planning to build a double hotel with 500 rooms near Düsseldorf airport. The establishments on a 15.000 sqm lot on Wanheimer Straße will be operated by H-Hotels under the brands H2 (237 rooms) and H4 (264 rooms). Construction of about 18,000 sqm office space [...]