TD News International Location: Leipzig

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 [...]

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 [...]