TD News International Location: Leipzig

Leipzig: Kondor Wessels sells residential project to Quantum

14/08/2019 Quantum Immobilien Kapitalverwaltungsgesellschaft is acquiring the residential building project “Strietz” in Leipzig’s Stötteritz district from Kondor Wessels. The new building will be constructed on a 3,560 sqm site located between Ferdinand-Jost-Straße, Breslauer Straße and Holzhäuser Straße by the spring of 2022. Plans are for six residential buildings with 112 apartments and 7,300 sqm of living [...]

Leipzig: CG sells “Ostforum” to Talanx

14/08/2019 The CG Group has sold the “Ostforum” in Leipzig to a Talanx company represented by Ampega Real Estate. The “Ostforum”, currently under construction, is a complex of three buildings with commercial and residential space. The two front buildings will have 14,560 sqm of commercial space, divided into 11,700 sqm of office space and 2,900 sqm [...]

Leipzig: Instone plans 330 apartments

13/08/2019 Instone has acquired a 13,000 sqm property on Rosa-Luxemburg-Straße near Hans-Poeche-Straße in Leipzig, where it intends to develop a quarter with 330 apartments and a sales volume of €110mn. Plans are for a mix of conventional condominiums between two and five rooms, senior apartments, and apartments for students and professionals as well as the renovation [...]

Record number of overnights in Leipzig

12/07/2019 Leipzig anticipates more than 1,200 new hotel rooms by the end of this year, almost twice as many as in 2018 (670). Leipzig – a major trade fair city – recorded the highest bed growth among Germany’s top 10 locations since 2011, according to an analysis by the consulting firm Dr. Lübke & Kelber. Almost [...]

Leipzig fund by Real I.S. sells Listhaus to Art-Invest

09/07/2019 Real I.S. has sold the Listhaus in Leipzig to Art-Invest. The office and residential building dating from 1998 consists of 95 commercial units and 97 apartments on roughly 39,000 sqm lettable space, as well as 456 underground and outdoor parking spaces. The building on Friedrich-List-Platz 1 has been part of the “Bayernfonds Leipzig Friedrich-List-Haus” since 1994. The closed real-estate [...]

Leipzig/Halle Airport gets second Cargo City for €500mn

13/06/2019 Leipzig/Halle Airport, currently Germany’s second-largest cargo airport, will see around €500mn in expansion measures. This will include investments in new aprons as well as construction of a second Cargo City with several logistics and office buildings in the northern part of the airport over the next few years. The airport’s supervisory board has now approved [...]

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. [...]