TD News International Location: Bochum

Bochum: Harpen buys fully let office property near university

19/05/2017 The Harpen Group has acquired the office building “Innovationszentrum Bauen” in Bochum for its own real estate portfolio. The property at Lise-Meitner-Allee 2 in the entrance of the “Technologiequartiers Bochum” and close to the Ruhr-Universität Bochum (RUB) has an office space of approx. 5,460 sqm and park facilities with 145 parking spaces. Tenants in the [...]

Deutsche AM: Record transactions in funds – deal in Bochum

05/01/2017 In 2016, Deutsche Asset Management achieved a volume of approx. €3.7bn for its real estate funds with 49 transactions, thus overtopping the previous record from 2015 of €3.6bn. For the mutual funds, 23 properties around the world were acquired for approx. €1.74bn and five sales were closed for approx. €341mn. The “Drehscheibe” in Bochum was [...]

Bochum: DSV builds a 40,000 sqm distribution centre for dm

01/09/2016 After much speculation, it now stands firm: The Danish logistics company DSV will move to the Thyssen-Krupp brownfield known as the “Untere Stahlindustrie” in Bochum-Stahlhausen. The plan includes a logistics hall with 40,000 sqm and space for 25,000 pallets. From there, DSV will process logistics of drugstore retailer dm, which until now was conducted at the [...]

Bochum: Harpen plans office building on former Opel site

02/08/2016 The Harpen Group is planning to develop a 3,200 sqm office building on the site of the former Opel Works 1 in Bochum. The group bought a 4,500 sqm lot from the development association BochumPerspektive 2022 and the city of Bochum. Harpen’s project partner Goldbeck will be an anchor tenant of the structure called “office 51°7”: [...]

Bochum: Former bunker receives ULI Award for Excellence

04/07/2016 The project “Zentralmassiv” in Bochum has received the ULI Germany Award for Excellence. The former bunker on Springerplatz was revitalized from 2011 to 2013 and now houses a media college, a café, and apartments. In support of the decision, the jury states that the project acted as a catalyst for the revival of the public space. Plans [...]

Opel to make €60mn logistics investment in Bochum

05/02/2016 Opel has begun building a 95,000 sqm logistics complex on its factory site in Bochum’s Langendreer district. The groundbreaking ceremony for the €60mn project has now been held; the auto manufacturer said the project is the largest investment in spare parts logistics worldwide for General Motors, Opel’s parent company. Goldbeck received the commission to act [...]

Bochum: Vonovia builds corporate headquarters in Wiemelhausen

08/12/2015 Vonovia has decided where locate its future headquarters in Bochum: the company has purchased a 30,000 sqm development lot on Wasserstraße/corner of Paulstraße in Wiemelhausen from the urban developer Entwicklungsgesellschaft Ruhr (EGR) for the new building. Vonovia reports that the concrete planning phase is just getting started. The only certainty at this point is that [...]

Palmira/Crossroads: Joint venture buys in Bochum

20/10/2015 Palmira Capital Partners and Crossroads have acquired a third property for their “First Business Parks” light industrial platform. It is a logistics building at Harpener Feld 34 in Bochum with around 35,350 sqm plus ancillary buildings with about 800 sqm. They are currently around 95% occupied by 41 businesses, the largest of which is storage [...]

Hemsö acquires CMS nursing home in Bochum’s Wattenscheid district

17/09/2015 Sweden-based real estate company Hemsö Fastighets has acquired a nursing home in Bochum’s Wattenscheid district. It has 80 beds in single rooms and eight assisted-living apartments. CMS Dienstleistungen is the operator; CMS Pflegewohnstift Bochum-Wattenscheid was the seller. The transaction expands Hemsö’s portfolio of nursing homes in Germany to 26 properties. The most recent acquisition in [...]

Axa pays €231mn for 35% of “Ruhr Park”

27/07/2015 Axa Real Estate confirmed its buying into the “Ruhr Park” in Bochum. The asset manager paid Perella Weinberg €231mn for its 35% share of the shopping center and will place its new holding in its France-based vehicle, Axa Selectiv’ Immo, as well as in an Axa insurance company. Unibail-Rodamco acquired another 15% of the center [...]