TD News International Location: Mainz

GEG buys assets for €140mn in Düsseldorf and Mainz

18/02/2019 GEG German Estate Group has acquired two properties in Düsseldorf and Mainz for a total of €140mn for its funds “Deutschland Value I” and “Public Infrastructure I”. Seller of the building on Karl-Arnold-Platz 1 in Düsseldorf-Golzheim is Bavarian pension fund Bayerische Versorgungskammer. The structure has 9,500 sqm, 7,000 sqm of it being office space, and [...]

Super 8 Hotel in Mainz Zollhafen goes to Württembergische

15/01/2019 UBM Development Deutschland has sold the Super 8 Hotel in Mainz’ Zollhafen district to life insurer Württembergische Lebensversicherung for about €24mn. The hotel with 8,600 sqm GFA is being developed on a 1,580 sqm lot at Hafenallee II. Completion is anticipated for Q1/2020. The lease for the hotel with GS-Star was signed back in 2016.  It [...]

Mainz: Heureka and Soravia to build at Zollhafen Mainz for €60mn

13/10/2017 Heureka Development from Darmstadt and the Vienna-based company Soravia have acquired the Rheinallee I site, situated near the Kunsthalle in Mainz’s Zollhafen district. Sellers are the Zollhafen investors CA Immo and Mainzer Stadtwerke. 17,000 sqm of floor area is attainable on the approx. 6,400-sqm property. Along with residential construction, around 6,500 sqm is intended for [...]

J. Molitor takes on large-scale project in downtown Mainz

06/09/2017 The urban development activity on Ludwigsstrasse in the downtown area of Mainz starts to move. The Karstadt property, formerly owned by ECE, is to be acquired by Rhein-Nahe Immobilien (RNI), a holding company of J. Molitor Immobilien and Sparkasse Rhein-Nahe. RNI and ECE are agreed in principle, the city of Mainz has announced. RNI already [...]

Four Catella funds invested in “Campo Novo” in Mainz

25/08/2017 For the European Student Housing Spezialfonds for pan-European investments, Catella Real Estate has acquired an additional 200 units in the “Campo Novo” micro-living complex in Mainz’s M1 district for approx. €24mn. Thus, with a total of 629 one and two-room apartments, which offer space for 887 residents, the complex now almost completely belongs to Catella [...]

Patrizia buys Malakoff mall in Mainz from UBS fund

08/02/2017 Patrizia Immobilien has acquired the Malakoff Passage in Mainz for another real estate fund for private investors. The five-story office and business complex between Rheinstraße, Dagobertstraße, Templerstraße, and the river Rhine has about 48,000 sqm lettable space currently used for offices, medical practices and day clinics, retail, restaurants, as well as theater and leisure facilities. [...]

Pandion to build 160 apartments at Zollhafen in Mainz

04/08/2016 Pandion has acquired the building area “Hafenkai” in the new “Zollhafen” quarter in Mainz. The real estate developer from Cologne wants to build 160 apartments on the peninsula-like property south of the new city district along with Primus developments from Hamburg. Some commercial areas are also planned for the property with a total of 16,800 [...]

Patrizia buys DBB-housing project in Mainz

03/06/2016 Patrizia Immobilien has acquired the Göttelmann-Quartier in Mainz from developer Deutsche Bautec Baumanagement. The property will be placed in a real estate fund that Patrizia manages. Construction of the 85 residential units in the Weisenau district began at the beginning of the year and should be completed in 2017. The Göttelmann-Quartier is being built to [...]

Rewe to become local supplier in Mainz’ Zollhafen quarter

20/04/2016 CA Immo has leased part of the Rheinallee III residential and retail project in Mainz’ new Zollhafen urban quarter to Rewe. CA Immo is developing the building as a turnkey project for a real estate Spezialfonds managed by Aberdeen Asset Management which acquired the project in 2015 while still under construction for around €66mn. In [...]

Sirius buys business parks in Mainz, Krefeld and Markgröningen

04/04/2016 Sirius Real Estate has concluded the purchase of a business park in Mainz for €25mn, and has had the purchases of two business parks in Krefeld and Markgröningen near Stuttgart notarized. According to a release, the Mainz property will boost the company’s rental income by €2.2mn per year, and its NOI by €2mn. The company [...]