TD News International Location: Hamburg

Hamburg: new attempt by HWS for City Nord

18/04/2019 166 studio apartments for Germany’s federal trainees and employees will be built in a complex on Mexikoring in Hamburg’s City Nord office quarter. HWS Immobilien und Vermögensverwaltung is the owner of the properties involved (Nos. 19, 21, and others) and had submitted building plans for discussion over five years ago, with no subsequent action taken [...]

Hamburg: Logistics take-up drops 23 %

17/04/2019 The logistics and industrial property market in the greater Hamburg area saw take-up of 73,000 sqm in about 30 deals during Q1, 23 % less than a year ago. The proportion of owner-occupants dropped by 75 % to 11,000 sqm, Grossmann & Berger reports. The reason for the decline is a lack of available space. [...]

Hamburg: Lorenz Gruppe and Nord Project in collaboration

09/04/2019 The Hamburg companies Lorenz Gruppe and Nord Project Real Estate are establishing a joint development and planning office which will focus on residential construction and neighborhood development. Nord Project Baukonzept GmbH will begin operations in early 2020 with a project volume of around €60mn. Jürgen Paul, Gerrit M. Ernst (Nord Project) and Sascha Franke (Lorenz) [...]

Hamburg: Warburg-HIH sells office building leased to public authorities to Deka

29/03/2019 Warburg-HIH has sold the office building Süderstraße 63 in Hamburg’s City-Süd to Deka Immobilien. Savills brokered the transaction. The 9,950 sqm building houses the main customs office and other public offices. The lease is with the German Institute for Federal Real Estate (Bima). An asset manager of the HIH Group has owned the building since [...]

Signa: Development contract for a city quarter in Wolfsburg, OK for Elbtower in Hamburg

28/03/2019 Signa Group will be developing a city quarter in the Nordkopf district south and west of Wolfsburg’s main station. The company has established a contract for the project with WolfsburgAG, the economic development company founded by Volkswagen and the city of Wolfsburg. Plans for the quarter include offices, housing, leisure facilities, retail, hotel, restaurant, and mobility [...]

Hamburg: Xing makes decision, Unilever leases Quest building

25/03/2019 Xing is consolidating its Hamburg headquarters in the Unilever building in Hafencity. That means that the Bahrenfeld option, where the city had offered the company a site, is off the table; it had been unclear for a time which direction Xing would go. The lease for the 25,000 sqm Unilever building with the owner, the [...]

Frankfurt and Hamburg bring home MIPIM Awards

15/03/2019 Two of the twelve MIPIM Awards this year went to projects in Germany. The rebuilding of Frankfurt’s old town center, under the direction of DomRömer GmbH and numerous architects, was awarded a prize in the category of Urban Regeneration, while the Hamburg student residence “Woodie”, by Primus developments, Senectus and the architectural firm Sauerbruch Hutton, [...]

Hamburg: SSN builds New Korallus District with 20% subsidized apartments

28/02/2019 The course has been set for the “New Korallus District” in Hamburg’s Wilhelmsburg quarter. The project’s developer, SSN Group, recently signed the urban development contract with the city, while the Hamburg Mitte District Assembly has initiated the corresponding development plan. The 21,000 sqm site, located on Thielenstraße, will have 460 apartments, a day care center, [...]

Hamburg: Procom starts architecture competition for Nikolai-Insel

27/02/2019 Procom has agreed with the city of Hamburg on its quarter development “Nikolai-Insel” at the former Commerzbank location in the city center. According to the agreement, 30 % of the planned space will be used to build 150 apartments, one third each being condominiums, privately financed, and subsidized. The remaining floor space will be used [...]

Hamburg team builds rent-reduced residential quarter

14/02/2019 Hamburg Team and the municipal company Saga are building more than 800 apartments as well as spaces for communal facilities (day-care centers), shops and restaurants in Hamburg’s Hamm district. The residential quarter “Osterbrookhöfe”, located on and adjacent to the former site of the Ernst Fischer sports field on Wendenstraße, is expected to accommodate 2,000 people. [...]