TD News International Location: Muenster

List Group acquires residential project in Münsterland region

24/08/2018 The Bollmann Group and Mena Immobilien have sold their project site “Weber Quartier”, located in the Borghorst district of Steinfurt, northwest of Münster, to the List Group. Current plans for the approx. 27,000 sqm “Websaal” site near Mauritiusstraße include the construction of health and care facilities as well as multigenerational apartments. An architectural competition is [...]

Hannover Leasing buys office property in Münster

31/03/2017 Hannover Leasing has bought the office and retail building “Denkmal” on Schorlemannstraße 26 in Münster. The seller is a group of private owners. The structure, which is centrally located between main station and city center, has six floors with 5,980 sqm lettable space and is 100 % leased to ten tenants. The property also includes [...]

Münster: Landmarken to build 32,500 sqm at train station

17/06/2016 Landmarken AG has unveiled plans for developing a 7,800 sqm area on the east side of the central train station in Munster. The design by kadawittfeld provides for a GFA of 32,500 sqm and around 28,000 sqm of rental space. The three-section complex could house a hotel, office space, or apartments. Retail space is projected [...]

Münster: Alcaro developing 10,700 sqm distribution center for IT group

16/06/2016 Alcaro Invest has been building a 10,700 sqm distribution center in Münster’s “Hansa Business Park” since April. The announcement says that starting in the 4th quarter, it will be used by a subsidiary of IT distributor Ingram Group. The property will have 9,800 sqm of warehouse, 650 sqm of mezzanine, and 250 sqm of social [...]

Münster: Redevco to redevelop SinnLeffers building

12/08/2015 Redevco Services Deutschland, owner of the SinnLeffers building at Salzstrasse 3-4 in Münster, is planning to demolish and then rebuild the property. The SinnLeffers fashion chain currently occupies a sales area of 7,000 sqm on four floors. Redevco had acquired the around 9,300 sqm six-story property in March 2011. Demolition and reconstruction is to take [...]

Münster: Wertgrund sells 239 apartments to Bouwfonds

05/05/2015 Wertgrund Immobilien has sold a residential complex in Münster to Bouwfonds Investment Management for €22.1mn. Engel & Völkers Münster was the broker. The property in Münster’s Coerde District has 239 apartments and three commercial units. Wertgrund had acquired it from a private investor at the end of 2010 and held it in its Wertgrund WohnSelect [...]

Münster: LVM invests €60mn in urban harbor project

26/03/2015 LVM-Versicherung is going to invest nearly €60mn in the development of the Osmos site in Münster’s harbor area. Stadtwerke Münster announced that the company’s development concept was declared the winner of an investor competition. The concept includes the creation of three building complexes with 22,400 sqm of usable area on the 10,500 sqm site between [...]

Münster: €40mn Fischmarkt quarter inaugurated

09/09/2013 The new business quarter at Alter Fischmarkt in central Münster was inaugurated last weekend. The complex consists of six buildings with a total usable area of about 11,000 sqm. The Lohmann family invested about €40mn in the new complex. Commercial tenants include Strellson, G-Star and Camp David. In addition, the Merck Finck & Co. private [...]

Münster: Office leasing record for 2012

02/05/2013 Last year, more office space than ever before was leased in Münster. According to a market report from the local economic development agency and BNPP RE, take-up of rental space amounted to 86,700 sqm (2011: 76,200 sqm). Adding in the 9,700 sqm that companies created for their own use, the study found a total take-up [...]

Münster: Redevco acquires the 9,300 sqm SinnLeffers location

08/03/2011 Redevco Services Deutschland has acquired the SinnLeffers fashion shop location at Salzstrasse 3 in Münster. The partially landmarked edifice has five upper floors and an underground floor for a total of 9,300 sqm of rental area. Redevco also purchased the SinnLeffers locations in Bielefeld and Kassel last November. The firm reported that it is thus [...]