TD News International Location: Essen

Essen: Real I.S. sells office property to La Française

11/07/2019 Real I.S. has disposed of the office property “Rüttenscheider Strasse 1-3” in Essen from the closed-end real estate fund “DB Real Estate CityInvest Berlin, Düsseldorf, Essen”. The buyer is La Française Real Estate Partners International on behalf of a collective real estate investment vehicle of La Française. The parties have agreed not to disclose the [...]

Essen: AWO rents 2,500 sqm in Cranachhöfen

31/05/2019 The German worker’s welfare association Arbeiterwohlfahrt, (AWO) will be relocating its Essen office to the Allbau project “Cranachhöfe” located on Holsterhauser Straße on October. The association is renting 2,500 sqm of office space there, making it the largest tenant. An AWO-operated day care center is scheduled to open there in August. About 100 employees will [...]

Essen: Hochtief relocating to 30,300 sqm in Bredeney district

10/05/2019 Hochtief is temporarily relocating its central administrative offices and 1,100 employees to the Bredeney district during construction of its new corporate headquarters at Opernplatz. The construction company has signed a four-year lease with Immobilien-AG Alstria for an office building at Alfredstraße 236, where a number of Hochtief offices are already located. The move will take [...]

Essen: Design Offices rents 7,000 sqm in the Ruhr Tower

10/05/2019 The coworking provider Design Offices will be moving into around 7,000 sqm of office space in the Ruhr Tower located at Am Thyssenhaus 1-3 in Essen, now that the long-negotiated lease has been signed. Around 2,700 sqm of office space is still available in the 17,200 sqm property, currently owned by Fakt AG. Brockhoff Office [...]

Silverton opens branch for North Rhine-Westphalia

02/04/2019 Silverton has opened its second regional office in Essen. It is led by Sebastian Steinert, who moved from JLL’s Düsseldorf office and before that worked as an expert for non-performing loans for a Swedish finance investor. The 37-year-old industrial engineer, real estate economist and MRICS has been given general power of representation by Silverton. He [...]

Essen: Karstadt uses another 8,000 sqm office space

27/03/2019 Department store group Karstadt is leasing another 8,000 sqm in section C of its main administration building on Theodor-Althoff-Straße 2 in Bredeney. By exercising this lease option, the company is now using roughly 38,000 sqm in the property, which has total lettable space of about 100,000 sqm. With this contract, Publity has managed to fully [...]

Essen: Euref-Campus on “Zeche Zollverein” off the table

26/02/2019 The world cultural heritage site “Zeche Zollverein” in Essen will not be home to a branch of Berlin’s start-up center Euref (Europäisches Energieforum). According to a joint release, the Zollverein foundation and investor Reinhard Müller have agreed to scrap the idea. Extended reviews regarding building and landmark law and an initial preliminary review by Unseco [...]

Essen: PwC signs 15 year lease for Huyssen Quarter property

08/02/2019 The auditing and consulting firm PwC has leased a planned 4,200-sqm office building in the “Huyssen Quartier Essen” (HQE). The lease runs for 15 years. Apart from the office building, a 19-story tower featuring 64 rental apartments and condominiums (7,145 sqm), 44 subsidized apartments, a building with 2,050 sqm of commercial space and a three-level [...]

Patrizia sells Holiday Inn hotels in Essen and Neu-Isenburg

04/02/2019 Patrizia Immobilien has sold two Holiday Inn hotels in Essen and Neu-Isenburg. Colliers International had an exclusive mandate for the sale. The hotel in Essen (Frohnhauser Straße 6) has 168 rooms, the one in Neu-Isenburg (Wernher-von-Braun-Straße 12) has 164. “The market was very interested, demand for comparable products will remain undiminished in 2019,” says Detlef Kaiser, [...]

Fakt AG buys 26,300 sqm office space in Essen and Datteln

17/12/2018 Fakt AG has acquired more than 34,000 sqm office and commercial space in Essen and Datteln. The seller is TÜV-Nord. The three assets are the 8,797 sqm office complex Steuben-/Manteufel-/ Kurfürstenstraße in the center of Essen, the 14,500 sqm office building on Langemarckstraße 20 in Essen, and the former TÜV-Nord education center in Datteln. The [...]