TD News International Location: Leipzig

Panattoni speculatively building 55,000 sqm logistics space in Leipzig

15/04/2019 Panattoni Europe is building 51,000 sqm hall space, 2,000 sqm office space and 3,400 sqm mezzanine space near Leipzig airport. The project at AirportPark Leipzig-Halle is to start without pre-letting and be completed according to DGNB Gold Standard by late 2020/early 2021. Panattoni has quoted the investment volume at about €40mn; Colliers International Leipzig has [...]

CG sells billion-euro project Freiladebahnhof in Leipzig

11/03/2019 CG Group has sold the development site Freiladebahnhof in Leipzig. Housing for about 3,700 people with a sales volume of roughly €900mn is planned on the lot. As the “Leipziger Volkszeitung” (LVZ) reports, CG executive Christoph Gröner has stated that the new owner is Imfarr Beteiligungs GmbH of Vienna. The city appeared surprised about the change [...]

Leipzig: Quantum buys long-distance bus terminal and parking garage

05/03/2019 Quantum Immobilien has acquired the new long-distance bus terminal and parking garage near Leipzig’s main station. The parking garage with 410 public parking spaces plus another 150 reserved for Deutsche Bahn is operated by Goldbeck Parking Services (formerly OPG). The bus terminal consists of nine covered bus platforms and 700 sqm retail and service space. It [...]

GRK back in project development, starting with Leipzig

14/02/2019 The GRK Group plans to build a residential and commercial complex with around 25,000 sqm GFA at Wilhelm-Leuschner-Platz in Leipzig. Project volume is estimated to be approximately €90mn. The project involves apartments (taking up to one third of the total space) and commercial space to be built on a 5,500-sqm parcel between Nonnenmühlgasse and Dimitroffstraße. [...]

Buwog now also building in Leipzig

12/02/2019 Buwog Group is taking over the lion’s share of the planned housing in the long-planned quarter development near the Bayerischer Bahnhof in Leipzig. The city had been looking for a partner who would make a long-term commitment to Leipzig, says Patrik Fahrenkamp, CEO of investor Leipziger Stadtbau in a release. Of the 1,600 apartments planned, [...]

Leipzig: AOC builds 130 apartments in Reudnitz

08/02/2019 The Magdeburg company AOC Immobilien has taken on its second project in Leipzig. The “liv’in reudnitz”, a six-story, 130-unit residential complex with around 9,300 sqm of lettable space and 70 underground parking spaces, is to be built on around 3,200 sqm of land between Gerichtsweg 7c/d and Perthesstraße 1d/e. The company, which now also has [...]

Leipzig: “Lido” housing project goes to HanseMerkur

05/02/2019 Now that construction has started, the housing project “Lido” in Leipzig, developed by Townscape Group and Sassenscheidt, has been sold to Hamburg-based HanseMerkur Grundvermögen. The planned quarter in the Lindenauer Hafen district consists of 72 rental units with two to five rooms and 6,022 sqm living space. The lot measures nearly 4,000 sqm, completion of the [...]

Dresden and Leipzig have best risk-return ratio in eastern Germany

05/12/2018 In eastern Germany, Dresden, Leipzig, and Rostock offer the best risk-return ratio for investments in existing housing in good locations. In medium locations, Dresden and Leipzig are again in the top 3 with Potsdam, for new construction investments Weimar takes third place after Dresden and Leipzig. This is the result of the current “Risiko-Rendite-Ranking” by Dr. Lübke & [...]

Leipzig: Argo plans 54,000 sqm GFA on Krystallpalast site

21/11/2018 The historic Krystallpalast lot near Leipzig’s main station is to be turned into a city quarter with 54,000 sqm GFA. Plans for the site include eight buildings, with apartments, shops, offices, hotels, micro-apartments, a day care, and a residence for seniors. The quarter between Wintergartenstraße, Hofmeisterstraße, and Brandenburger Straße is based on a master plan [...]

Accentro sells portfolio in Berlin and confirms annual forecast

06/11/2018 Accentro Real Estate has sold a portfolio called “Hipsterhausen” to an institutional investor for €32mn after the end of Q3. The package consists of six older structures in central locations of Berlin. The housing company acquired three multi-family buildings in Leipzig and 80 apartments in Rostock during the third quarter. Revenue increased significantly during the [...]