TD News International Location: Karlsruhe

Penny builds 50,000 sqm central warehouse near Karlsruhe

25/03/2019 Penny has begun the excavation work for a new 50,000 sqm central warehouse with administration section and training center in the new commercial park “A5 Quartier” in Kronau near Karlsruhe. According to a report on the town’s website, the discounter, which is part of Rewe Group, plans to officially break ground on the 6.5 ha lot on [...]

Karlsruhe: Timon Bauregie plans hotel, office properties

21/02/2019 Timon Bauregie plans to invest €50mn in the construction of a hotel and an office building in Karlsruhe, at the water tower near the city’s main rail station. The hotel will be operated by Centro Hotels, which intends to build a “NinetyNine” hotel with 199 rooms on 7,250 sqm. The office building will also have [...]

Karlsruhe: M&G buys logistics center from Gramercy

11/09/2018 M&G Real Estate has purchased a logistics center with 40,000 sqm lettable space in Karlsruhe. The seller is a fund by Gramercy Europe. CBRE advised Gramercy exclusively. The 60,000 sqm logistics lot is located on Großoberfeld 7-9 at the southern edge of the city. The various sections of the property were built in the 1970s [...]

Karlsruhe: Strabag buys office project and sells it to Deka

07/09/2018 Strabag Real Estate acquired a predeveloped office project in Karlsruhe, commissioned its affiliate company Züblin as general contractor, and has already sold the final product to Deka Immobilien. A new building with around 8,770 sqm of office space will be constructed on the 2,844 sqm site on Brauerstraße next to the Center for Art and [...]

Panattoni plans 23,000 sqm logistics space in Durmersheim

09/10/2017 Panattoni Europe is planning to build a 23,000 sqm logistics center in Durmersheim near Karlsruhe. According to a release, the investment volume is in the double-digit millions. Construction is scheduled to start late this year. Colliers International will be marketing the spaces. Panattoni bought the 40.000 sqm project site, formerly home to furniture manufacturer Moser [...]

Decathlon instead of Sportarena in Karlsruhe’s Postgalerie

09/11/2016 Decathlon is coming to Karlsruhe. The French sporting goods chain has secured a 2,700 sqm shop in the “Postgalerie” shopping center that is currently occupied by Kaufhof subsidiary Sportarena. The new Decathlon branch is scheduled to open in the spring of 2017. Colliers International Stuttgart brokered the deal. The lessor is real estate company Balsa [...]

Karlsruhe: Office building from remainder of GE Real Estate properties sold

06/11/2015 An Israeli investor has purchased the office complex Hermann-Veit-Straße 3 and 5-6 in the South-West of Karlsruhe. The seller is GE Real Estate, who was advised by Karlsruhe-based Kunz-Schulze Immobilien. The office building has a total floor space of about 23,000 sqm, and served as the headquarters of energy provider Yello Strom. Half of it [...]

Aachener Grund buys Karstadt in Karlsruhe

08/04/2015 Aachener Grundvermögen has acquired the Karstadt building in Karlsruhe for one of its real estate Spezialfonds. The Highstreet consortium was the seller of the listed building on Kaiserstrasse dating from 1914 with around 18,500 sqm of retail space plus 336 parking spots. A new lease until 2035 to Karstadt as the sole tenant has been [...]

Karlsruhe: Planet Sports leases 1,000 sqm downtown

23/10/2013 Planet Sports has leased around 1,000 sqm at Herrenstrasse 26-29 in Karlsruhe. The property owner is an individual investor. The Planet Sports shop was already opened at the beginning of the month. CBRE advised during the leasing. The owner was advised by Karlsruhe-based Kunz-Schulze Immobilien.

Karlsruhe: Implenia to build “Park Tower”

09/08/2013 The Swiss firm Implenia is going to develop the “Park Tower” planned in Karlsruhe’s “City Park” as its general contractor. A press release said the “Park Tower” with an order volume of around €34mn is Implenia’s largest above-ground construction project so far. It comprises 200 apartments on twelve floors and some 6,000 sqm of office [...]