TD News International Location: Mannheim

Piëch company plans new construction in Mannheim

30/11/2018 The Stuttgart-based developer Argon GmbH is setting the course for a major new construction project at Augustaanlage 65-67 in Mannheim. Speaking with TD, Argon’s managing director Dirk Wehinger explained that the existing building, which has 16,000 sqm of floor space and is currently fully let to 15 office tenants, could be replaced by a new [...]

D&S plans office tower in Mannheim’s Glückstein quarter for €100mn

24/07/2018 Diringer & Scheidel (D&S) is planning a 25,000 sqm office building with a 13-story tower in Mannheim’s new “Glückstein” quarter. A Mannheim-based corporation has issued a declaration of intent to lease 10,000 to 14,000 sqm lettable space in the building, the developer reported yesterday. D&S had already applied for the lot on the intersection of [...]

Mannheim: Health services provider leases new building in Eastsite

14/06/2018 Ashfield Healthcare has leased approx. 4,000 sqm of office space in the planned “Eastsite Patio” construction project in Mannheim’s Neuostheim district (Harrlachweg 11, at Hermann-Hollerith-Straße). The health services provider is expected to move into the three-story property belonging to the Eastsite office park at the end of 2019, as will its subsidiary, Physicians World Europe. [...]

Mannheim: Diringer & Scheidel building office and housing complex in Glückstein

07/06/2018 Diringer & Scheidel, together with architects Schmucker & Partner, have won the architectural competition for construction field 3 in Mannheim’s Gückstein quarter. The lot is one of four available sites in the centrally located development area, where a 18,000 sqm complex for offices and possibly apartments is to be built. Contractual negotiations on the land [...]

Gerhard Cromme now Chairman of the Advisory Board at Aroundtown

07/06/2018 Aroundtown has appointed a prominent figure to be the head of its advisory board. The new chairman is Gerhard Cromme. The 75-year-old doctor of law is one of the biggest names in the German management scene and was chairman of the supervisory board of ThyssenKrupp, where in 1999 he was one of the initiators of [...]

Mannheim: Officefirst sells office complex to Campus-Fonds

09/04/2018 Officefirst has sold the “High Tech-Park” in Mannheim-Neckarau (Janderstraße) to Union Investment. The complex with a brick façade, which Union Investment now calls “Elements”, is the fourth property to be added to the Spezialfonds Urban Campus Nr. 1 launched jointly with Investa Capital Management (ICM). Union Investment, then Difa, had bought the complex once before [...]

Mannheim: Bayer pension fund is the buyer of the Postquadrat buildings

21/03/2018 The Bayer Pensions Vehikel Fonds, administered by BNPP Reim, is the buyer of a sub-project of two residential and commercial buildings of the “Postquadrat” near Mannheim’s main station. Developer Eyemaxx had announced the forward sale in November without naming the buyer. The deal encompasses 10,600 sqm residential and commercial space and 110 underground parking spaces. [...]

TLG buys office building in Mannheim

05/01/2018 TLG Immobilien has purchased the office complex “Theo & Luise”, in Mannheim’s Fahrlach district (Theodor-Heuss-Anlage) for around €50.7mn. Seller is AcquiCo IX B.V.’s Activum fund. The main tenants of the nearly 90%-let building are Deutsche Telekom, Camelot Management Consultants, and Euromaster; it generates around €3mn annually in rent income, with a return of almost 6%. [...]

Warburg-HIH sells “Stadt Galerie” Wiesloch to Patrizia

24/08/2017 Spezialfonds Patrizia Handels-Invest Deutschland I, managed by Patrizia Immobilien, acquired the “Stadt Galerie” in Wiesloch in the second quarter. The seller is a pension fund mandate managed by Warburg-HIH Invest. Comfort brokered the transaction. The shopping centre, built in 2012, offers 7,500 sqm of floor space on two levels, which is let to Rewe, Deichmann, [...]

Real I.S. buys office and commercial building in Mannheim

08/08/2017 Real I.S. has acquired a residential and commercial building along the Planken (E2, 16) in Mannheim. The seller of the property is E2 Vermögensverwaltung headquartered in Mannheim; the purchase price was not disclosed. The commercial tenant on the ground floor is Aldi Süd. The building also features approx. 1,680 sqm of office space on the [...]