TD News International Location: Freiburg

Sirius buys business park near Freiburg for €6.5mn

03/06/2019 Sirius Real Estate is spending €6.5mn on the technology park Teningen near Freiburg. The initial net yield is quoted at 8.3 %. The seller of the property on Tscheulinstraße is the Swiss technology group Ascom. The technology park located on a 43,000 sqm lot has 20,000 sqm lettable space including storage, production, laboratory, and office [...]

Freiburg shines from investor’s point of view in residential study

26/04/2019 According to a Bulwiengesa study commissioned by d.i.i. Deutsche Invest Immobilien, residential investors are finding high yields with comparatively low risk in German “C” cities. Augsburg and Offenbach, each with 4.5%, offer the highest potential on returns, as does Darmstadt (4.4%), due to the above-average rental growth expected there. Core investments generate an average of [...]

Freiburg shopping center “ZO” nearly fully leased

26/03/2019 KiK is a new tenant in the shopping center “ZO – Zentrum Oberwiehre” in Freiburg. The apparel discounter has signed a long-term lease for a 665 sqm space on the upper floor, center manager HIH states. McPaper, Tchibo, Deichmann, and a number of medical practices and offices have recently extended their leases at the ZO. [...]

Freiburg: aik acquires building complex in Wiehre

22/03/2019 The real estate investment company aik has acquired a multi-tenant property in Freiburg for one of its eleven Spezialfonds. The complex, located at Talstraße 4-8, was built in 1989 and consists of 6,000 sqm of UFA distributed over three buildings. The seller is a company of IF Investment Holding in Freiburg. The property has around [...]

Freiburg: Unmüssig buys Smart Green Tower for €20mn

14/03/2019 Frey Architekten is selling the Smart Green Tower shell in Freiburg for €20mn to the property developer Unmüssig. The sale, which had been hinted at in February, has now been finalized. In an interview with TD, Hans-Peter Unmüßig said that the original mix of residential and commercial space in the 15,000 sqm GFA property would [...]

Freiburg: Residents approve new large quarter

25/02/2019 Freiburg is getting a new residential quarter with up to 6,500 apartments. In a referendum, about 60 % of voters decided in favor of the development of the Dietenbach quarter, which means 110 ha of what is currently farmland will be approved for housing construction. The new district will offer living space for up to 15,000 [...]

Freiburg: JobRad leases 7,900 sqm on Businessmile

13/08/2018 LeaseRad GmbH is moving its brand JobRad into new headquarters on Freiburg’s “Businessmile”. The company has leased about 7,900 sqm, which is the complete building “Milestone 3” on the former postal service site on Heinrich-von-Stephan-Straße. The lessor is Strabag Real Estate, who intends to hand off the new building in 2020. Construction is to start [...]

Freiburg: Catella buys 5,500 sqm FLE property

23/07/2018 Catella Real Estate has acquired a 5,500 sqm office and commercial building in Freiburg for the fund “IWS II – Wirtschaftsregion Süddeutschland”. The seller of the property on Engelbergerstraße 19 is a real estate fund managed by Vienna-based FLE. Team Office Investment B & C Cities of Colliers International brokered the deal and advised. The [...]

Freiburg: HanseMerkur buys four projects from Unmüssig

06/07/2018 HanseMerkur Grundvermögen AG has acquired four project developments in west Freiburg with a total of 175 apartments and approx. 450 sqm of retail space from Unmüssig Bauträgergesellschaft Baden mbH. The projects, “Lehener99”, “Zentstein2”, “Breisacher135” and “Aldi Westarkaden”, are part of the “WestarkadenPlus” quarter and have a total lettable space of 9,300 sqm. Conventional rental apartments [...]

Freiburg: d.i.i. is the buyer of 457 TAG apartments

11/06/2018 TAG Immobilien has sold its housing portfolio in Freiburg-Landwasser to d.i.i Group. As d.i.i. now released, the purchase of the 457 units was finalized in late 2017. The deal includes the five housing blocks on Auwaldstraße 9, 96, 98, 102, and 104. The five structures were built between 1958 and 1967 and have a total [...]