TD News International Location: Leipzig

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 [...]

The Grounds sells apartment project in Leipzig

29/10/2018 The Grounds Real Estate Development has sold its micro-apartment project in Leipzig for €13.35mn. After completion, the new owner will be an institutional German investor, who is acquiring the property for one of its funds. The Grounds is constructing 136 apartments and two commercial units with a total of 3,135 sqm floor space on the [...]

BNP buys logistics properties in Baden-Baden and Leipzig

19/10/2018 BNP Paribas REIM is purchasing the “Baden Airpark” at Karlsruhe/Baden-Baden Airport. The logistics complex has a total area of approx. 45,000 sqm, and consists of two warehouses which are fully let to three logistics companies. It was built by Greenfield Development. The property is being transferred to the ELF (Eurozone Logistics Fund) portfolio, which is [...]

Leipzig: ground-breaking for Deutsche Wohnen’s first new building project

12/10/2018 Deutsche Wohnen has turned the first sod for its residential project in the Lindenauer Hafen development area in Leipzig. Two five-story buildings will be built on Hafenstraße with a total of 44 rental apartments, one commercial unit and 37 underground parking spaces. The first apartments are expected to be ready for occupancy as early as [...]

Leipzig: Axa acquires logistics site

04/10/2018 Axa IM – Real Assets has announced its acquisition of a logistics property in Leipzig. Two logistics buildings with 113,000 sqm of logistics space are to be built on the site, located 12 km from downtown Leipzig. Axa acquired the property for its Logistics Development Club. Development management will be carried out by Baytree Logistics [...]

Vicus buys and develops 60,000 sqm commercial site in Leipzig

18/09/2018 Vicus Group has acquired a roughly 60,000 sqm commercial building lot in Leipzig-Seehausen. The site is located near the A14 directly adjacent to the Neue Messe, the BMW plant, and the Podelwitz commercial park, and consists of three parcels. Vicus intends to develop the site. Initial ideas include a truck stop with convenience facilities, but [...]

Leipzig: Monarchis sells 430 apartments to Spezialfonds

04/09/2018 Monarchis Grundbesitzgesellschaft has sold its housing complex with 427 units or 23,700 sqm living space in Leipzig-Grünau to a German Spezialfonds. The asset deal was supported by BNP Paribas Real Estate. Monarchis had purchased the three buildings on a 15,040 sqm lot on Zingster Straße 12-30 ten years ago and gradually refurbished them. The buyer [...]

Vicus buys Lindner Hotel in Leipzig

29/08/2018 Vicus Group has acquired the Lindner Hotel in Leipzig-Leutzsch. The four-star establishment on Hans-Driesch-Straße 27 currently has 198 rooms, seven conference rooms, a restaurant, a bar, a sauna, and a fitness area. Initially, Lindner is to continue operating the hotel without any changes. For Vicus, the purchase is “another step in the expansion of our [...]