TD News International Location: Offenbach

DZ Invest, ZREV and Bechtolsheim buy in Offenbach

30/04/2019 A joint venture of DZ Invest, ZREV and Bechtolsheim Real Estate has acquired a commercial property on Offenbach’s pedestrian mall. Anchor tenant of the 10,000 sqm retail building on Frankfurter Straße 17 with a storefront of about 70 m are TK Maxx and KIK. The seller, TD learned, is an Anglo-Saxon family office. The property is currently [...]

Heberger building parking garages and offices in Offenbach’s Hafen district for €50mn

25/03/2019 Heberger Immobilien is developing an office ensemble and two parking garages in Offenbach’s Hafen district for €50mn. The developer based in Schifferstadt has acquired about 10,100 sqm of the 12,100 sqm construction lot Nordring 115 from Mainviertel Offenbach GmbH & Co. KG for the project. Heberger is erecting three separate office buildings and two connected [...]

PGIM buys Offenbach’s “Main Office” from Investa

16/01/2019 PGIM Real Estate is buying the office building “Main Office” in Offenbach’s  Kaiserlei district for its “European Value Partners Fund”, as TD learned from market insiders. The seller is Investa Real Estate, who had acquired the property with roughly 28,000 sqm office space for €47.9mn from the open-ended Deka-Immobilien fund less than a year ago. [...]

Eyemaxx takes over Offenbach office tower project from 6B47

15/11/2018 Eyemaxx Real Estate is building an office tower, to be called “Main Gate East”, at Offenbach Harbour. The Aschaffenburg real estate company has also acquired more than 90% of a project development company of 6B47 Germany, with the Düsseldorf-based developer remaining on board as junior partner. Eyemaxx is keeping its plans for the office building, [...]

CG Group about to finalize another sale in Offenbach

22/10/2018 CG Group has broken ground on the mega-project Kaiserlei-Quartier in Offenbach. The total project has a sales volume of roughly €409mn Euro. Part of it was already sold to pension fund Bayerische Versorgungskammer (BVK) for €218mn at the end of 2017. Before the end of this year, another large section will be sold to an institutional [...]

Achat plans second hotel in Offenbach

04/09/2018 Achat Hotels has leased 5,900 sqm GFA in Offenbach’s City-Center for its budget brand Loginn by Achat. The owner is Hanau-based investor Michael Dietrich. The existing building will be converted into 141 rooms of about 18 sqm, 17 superior rooms measuring 26 sqm, and a lobby, lounge, bar, and breakfast restaurant. Event facilities are also [...]

Hotel chain Dormero wants to expand in Hesse

28/08/2018 Darmstadt-based developer Atila Karakaya is building a hotel for Berlin hotel chain Dormero in Offenbach. The 150-room establishment on Sprendlinger Landstraße 173 A/175 is to be completed by 2020, and will also offer conference rooms and a fitness and spa area. Plans also include a “Sonderbar”, Dormero’s unique brand of cocktail bar, and a Dormero [...]

X-Direct Group develops 200 micro-apartments in Offenbach

25/06/2018 X-Direct Group is converting the former office building of the German Meteorological Service (DWD) in Offenbach’s Kaiserlei district into a full service apartment hotel with 200 units. The Frankfurt-based group states it is investing €60mn. Construction of “The X” has just started, completion is planned for 2019.

Offenbach: Regus leases 2,500 sqm in Rathaus Plaza project

22/06/2018 Frankfurt project developer Real Equity has started construction work for an office building in Offenbach’s pedestrian zone. The new building, named Rathaus Plaza, will replace the already demolished City Passage on Frankfurter Straße. Around 60% of the planned 8,900 sqm of retail space is leased. On the upper floors, the rental office provider Regus has [...]

Offenbach: HanseMerkur buys apartment complex for €35mn

05/02/2018 Primus Projektentwicklungen and Vivum have sold the apartment complex of the “Marina Gardens” on Hafenallee at Offenbach’s Mainufer to a Spezialfonds of HanseMerkur Grundvermögen as part of a forward deal. The purchase price for the six-story structure is about €35mn. The seller was exclusively advised by Cushman & Wakefield. The “Marina Gardens” complex contains six [...]