TD News International Location: Potsdam

Project Investment buys three projects in Berlin and Potsdam

06/09/2018 Project Investment has acquired three projects in Berlin and Potsdam with a total value of approx. €75.9mn for its latest development fund “Metropolen 18” and other project funds. The Group secured the plot Tempelhofer Damm 156 in Berlin for the construction of a six-story office and commercial building. Plans include around 2,400 sqm of office [...]

Trockland develops IT and creative quarter in Potsdam

22/01/2018 Berlin-based developer Trockland, jointly with international investors, is planning the development of the former Reichsbahnausbesserungswerk (RAW) in Potsdam. Plans include well over 20,000 GFA for digital, media, and creative businesses in both existing landmarked structures as well as new buildings on the site on Friedrich-Engels-Straße. Trockland states that it intends to “create a bridge between [...]

Potsdam: Meyer Bergman buys Karstadt building

29/06/2017 Meyer Bergman has bought the Karstadt department store building in downtown Potsdam for its fund MBERP III. Two thirds of the 18,700 sqm building on Brandenburger Straße are leased to Karstadt. The remaining third contains a dm drugstore, four rental apartments, and office space. The structure behind the historic façade was refurbished in 2005. Meyer [...]

Potsdam: Münchner Grund buys Hauptpost from Berggruen

06/06/2017 A joint venture of UBM subsidiary Münchner Grund and a family office has acquired the landmarked Potsdam Hauptpost including some open space from Berggruen Holdings. The partners intend to develop the site. The lot on Am Kanal/Französische Straße measures about 11,450 sqm intotal, of which 6,560 sqm are in the existing building and 4,890 sqm [...]

Mondial invests in Potsdam student apartments

25/04/2017 Capital manager Mondial Kapitalverwaltungsgesellschaft is investing in a student housing project in Potsdam-Golm. The complex is being built within walking distance of the university campus on a 16,700 sqm lot and will offer over 400 single and eight double apartments. Construction has started; completion is scheduled for late 2018. The asset will be included in [...]

Berenberg: New Berlin Spezialfonds buys first asset in Potsdam

04/04/2017 Berenberg and Universal-Investment have launched their second joint real estate Spezialfonds, the “Berenberg Real Estate Berlin”. The first asset acquired for the fund is the WilhelmGalerie in Potsdam. The center in the heart of the city has about 15,000 sqm lettable space with retail areas on the ground floor and offices on the upper floors. [...]

Potsdam: Deutsche Wohnen to build 1,400 apartments in Krampnitz

30/03/2017 Deutsche Wohnen will be developing a major portion of a residential quarter that has been planned for years on the site of former Krampnitz Barracks in Potsdam. The group is buying “significant parts of the existing historic structures” and plans to develop around 1,400 units including new construction. Deutsche Wohnen quotes the investment volume to [...]

Triton and Züblin to build 260 student apartments in Potsdam

02/02/2017 Triton Development and general contractor Ed. Züblin have broken ground for 263 student apartments at the Wissenschaftspark Potsdam-Golm. Under the brand “BaseCamp”, approx. 10,000 sqm GFA will be constructed and is scheduled to be completed in September this year. The six buildings are being erected with a timber-concrete construction made of prefabricated elements and as [...]

Potsdam: City wants to buy, demolish Mercure Hotel prefab

04/03/2016 The Potsdam city council has come to a decision in the year-long dispute over the future of the Mercure Hotel: the municipality will negotiate to buy the 60 meter tall prefabricated building. The hotel opened in the GDR in 1969 as part of the Interhotel chain is to be torn down in the long run, [...]

Potsdam: Aberdeen buys residential project in Bornstedt

24/02/2016 Aberdeen Asset Management has acquired 108 planned apartments in Potsdam’s Bornstedt district. Hanseatische Immobilien Treuhand (HIT) is the vendor and is now building the five blocks plus 72 underground parking spaces on an 8,247 sqm site on the corner of Georg-Hermann-Allee and Reinhold-Schneider-Strasse. The 9,242 sqm of floor space are to be completed in March [...]