TD News International Location: Heidelberg

Rhine-Neckar Region transaction volume at ten-year high

09/08/2019 JLL reports that €648mn was invested in commercial real estate, apartment buildings, and residential portfolios of ten units or more in the Rhine-Neckar region in H1. This is the best 1st half-year period in ten years, exceeding even 2018’s record of €574. Office rentals totaled around 65,000 sqm, 18% higher than the five-year average. JLL [...]

Heidelberg: Warburg-HIH buys Bahnstadt housing project from LBBW

29/11/2017 Warburg-HIH Invest has acquired the Heidelberg housing project “urban view” as part of an asset deal for an open-ended Spezial-AIF of an institutional investor. The seller is LBBW Immobilien Development. The quarter being developed in the Bahnstadt district consists of five multi-family structures with 79 rental units and a total of 7,700 sqm living space, [...]

Panattoni builds sports equipment shipping center for €25 mn near Heidelberg

26/04/2017 Panattoni is building a logistics center of over 30,000 sqm in Ketsch near Heidelberg, starting in July, for the sports equipment retailer 21sportsgroup. A property was acquired for this purpose in Sachsenstrasse in late March from the state of Baden-Württemberg. The 25-million-euro project includes a 30,475-sqm logistics area that can be expanded by a fourth [...]

Unmüssig sells “Westarkaden” in Heidelberg and plans additional development

10/02/2017 Quantum has acquired the “Westarkaden” quarter project in the Bahnstadt district of Heidelberg from project developer Unmüssig. The €140mn deal was closed last November “in secret”, Hans-Peter Unmüssig told TD. The complex has been officially under construction for one week and is scheduled for completion in 2019. It comprises approx. 33,400 sqm, including offices (1,960 [...]

Heidelberg: BPD plans commercial real estate and 200 apartments on Campbell Barracks

17/01/2017 Starting Q1 2018, developer BPD will be constructing commercial and residential buildings for around €60mn to €65mn on the site of the former “Campbell Barracks”. According to a release by the city, the company has won the competition Heidelberg had launched for part of the former US military base. The city also informs that the [...]

Heidelberg: city plans 60,000 sqm in Bahnstadt with Zech

23/09/2016 The city of Heidelberg wishes to develop the area formerly used by US armed forces between Czernyring and the railway station grounds from ​​the Gustav-Zech-Stiftung (GZS). This emerges from a draft proposal from the administration, which will be discussed next week by the main and finance committee. At construction sites “B1” and “B2” of the [...]

D&S builds seniors’ residence for €22mn near Heidelberg

29/08/2016 Diringer & Scheidel (D&S) is investing nearly €22mn in building a residential and care facility for seniors in Wiesloch near Heidelberg. The developer is cooperating on the project with the Psychiatrische Zentrum Nordbaden (PZN), from whom they bought the 6,364 sqm site in July. The facility called “Wilhelmshöhe” will consist of 27 serviced condominiums and accommodations [...]

Heidelberg: HanseMerkur acquires micro-apartments

31/07/2015 HanseMerkur Grundvermögen has purchased 289 furnished micro-apartments currently under construction in Heidelberg from Kreer Gruppe for around €25mn. The project is scheduled for completion during the second quarter of 2016. About half the apartments are reported to have been leased for at least 15 years to a supra-regional educational institution – probably F+U Privatschulen, for [...]

Heidelberg: Hannover Leasing buys “Kurfürsten Hof”

11/05/2015 Hannover Leasing has acquired the “Kurfürsten Hof” commercial building finished last year in downtown Heidelberg from Strabag. The five-story edifice has a rental area of 14,500 sqm plus 217 underground parking spots. According to Hannover Leasing, the property is fully occupied except for a few storage areas. The main tenants are Edeka and hotel developer [...]

Heidelberg: “Living Community” planned in Bahnstadt quarter

14/04/2015 New development plans for Heidelberg’s Bahnstadt quarter: under the name “Heidelberg Village – Living Community,” around 170 residential and commercial units are to be constructed on a total area of 15,000 sqm. According to a city announcement, developer Innovatio plans to build apartments of various sizes – from one-room to large family homes, both for [...]