TD News International Location: Erlangen

Erlangen: B&L sells commercial building to Kithan

20/09/2013 B&L Gruppe has sold the new commercial building on the premises of the former “Grande Galerie” in Erlangen to Munich-based Kithan GmbH. The new shopping center was opened on Thursday. The chains Zara, 1982 and Humanic and a dm drugstore market have settled on around 6,000 sqm. According to previous announcements, B&L invested approximately €35mn [...]

Erlangen: Siemens wants to redevelop site for €500mn

13/09/2013 Siemens intends to invest around €500mn to expand and modernize its facilities in Erlangen. By 2030, step by step, a majority of the largely more than 40 year-old buildings on the 54 ha factory site is to be replaced by new properties. A hotel, including apartments for employees from abroad, is also being considered in [...]

Erlangen: VIB acquires logistics properties for €58mn

11/06/2013 VIB Vermögen AG has acquired two logistics properties on Kraftwerkstrasse in Erlangen’s Frauenaurach district for a total of about €58mn. The properties with a combined rental area of 63,000 sqm are leased for ten years to the logistics firm Geis Global Logistics. VIB quoted a rental return of 7.25%. The acquisition took place in the [...]

Erlangen: Sontowski sells residential project for €12mn

07/07/2011 Sontowski & Partner has sold its residential project in Erlangen called “Campus Trainee” to the St. Joseph Foundation in Bamberg, reporting that the transaction volume amounted to approximately €12mn. The project is planned for the Röthelheimpark district and will provide 146 apartments for junior Siemens employees. A ten-year lease to Siemens has been signed for [...]

Erlangen: Hamborner REIT acquires office and shopping project

17/12/2010 Hamborner REIT AG has acquired the shopping, service and office center in eastern Erlangen called “Campus Röthelheimpark”. The building will have 10,700 sqm of usable area and will be completed during the second quarter of 2011. The developer and seller of the new complex is Sontowski & Partner. The investment volume totals approximately €28mn. The [...]

Erlangen: Sontowski acquires 56,000 sqm Siemens complex

28/10/2010 Sontowski & Partner (S&P) has acquired the building ensemble in Erlangen called “Siemens Mitte” from Siemens Real Estate. The complex consists of three high-rises built at different times that have a total of 56,000 sqm of office space a restaurant for employees, and garages. The principle user of the buildings is Siemens’ Industry Solutions Division. [...]

Erlangen: Topping-out for €28mn “Campus Röthelheimpark”

14/10/2010 Sontowski & Partner (S&P) has celebrated the topping-out of its “Campus Röthelheimpark” project. After its completion, slated for the second quarter of 2011, this shopping and office center will have some 11,500 sqm of usable area, divided into 4,600 sqm of store and 6,900 sqm of office space. The investment volume amounts to approximately €28mn. [...]

Erlangen: Competition for residential quarter in Röthelheimpark decided

02/08/2010 The architectural consortium of Rössner + Waldmann, Franke + Messmer and Tautorat has won the design competition for the projected “Residential Quarter North of Thomas-Dehler-Strasse” in the Röthelheimpark district of Erlangen. Some 150 apartments and row houses are to be built on an area measuring 24,500 sqm. The project will probably be jointly carried out [...]

Erlangen: Mauss Bau lays cornerstone for “4Students” apartment house

18/06/2010 Mauss Bau GmbH & Co. KG has laid the cornerstone for its “4Students” apartment house in Erlangen. Until the summer of 2011, the firm will be constructing a four-story building having 63 residential units for students as well as 26 underground parking spots at Henkestrasse 51. Preparations are already underway for two additional student apartment [...]

Erlangen: B&L to build retail house for €35mn

05/05/2010 A special purpose firm belonging to the B&L Group wants to develop a retail building in central Erlangen for €35mn. A new three-story building with some 12,000 sqm of sales area is planned. Within the framework of this project, B&L is going to partially demolish and then expand the “Grande Galerie” at Nürnberger Strasse 24-26. [...]