TD News International: 30/06/2017

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Hamburg: Beiersdorf building new HQ for €230mn

30/06/2017 Beiersdorf AG is building a new group headquarters and an extension of its research center in Hamburg-Eimsbüttel for €230mn. The plans for the project were presented yesterday. Groundbreaking is scheduled for early 2018, completion for 2021. Beiersdorf has founded a development company just for this project. The new six-story headquarters with 95,000 sqm GFA will [...]

Berlin: Office leases continue to increase – vacancy only 3 %

30/06/2017 Take-up on Berlin’s office market was around 220.000 sqm in the second quarter, according to initial calculations by Cushman & Wakefield (C&W). This is a further increase over Q1, which at roughly 192,000 sqm was already the second-strongest quarter of the last 10 years. Accordingly, the vacancy rate has dropped to now only 3 %. [...]

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Neuss: Quantum builds new Creditreform HQ

30/06/2017 Quantum has won the competition for developing the “Creditreform Campus” in Neuss. The new home of the Verband der Vereine Creditreform will have about 14,000 sqm floor space; Creditreform will lease the space from Quantum. The selection process was conducted by Anteon. According to plans by Architekten agn, a six-story structure is to be erected [...]

Frankfurt: Paulus Immobilien plans development in Europaviertel

30/06/2017 Paulus Immobilien has acquired construction field 43, one of the last available lots in Frankfurt’s Europaviertel. The developer from Grünwald near Munich plans to build around 40,000 sqm GFA and intends to launch an idea competition shortly. Possibilities for the 6,796 sqm site adjacent to the west entrance of Frankfurt’s Messe could be a hotel [...]

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Hamburg: Zalando negotiating store in the city center

30/06/2017 Zalando wants to open a store in the city center of Hamburg and is involved in negotiations about a space in the former Thalia location on Große Bleichen 19, as TD found out from market insiders. Initially, the men’s apparel retailer Eckerle was going to occupy 2,000 sqm of the property, but withdrew after development [...]

Berlin: DC Values buys first asset for VKB

30/06/2017 DC Values has acquired the first property as part of its individual mandate for insurer Versicherungskammer Bayern (VKB). The building is a 4,500 sqm residential and commercial property on Akazienstraße in Berlin-Schöneberg, which offers retail space on the ground floor, in addition to offices and apartments. The private seller was advised by G.H.E.H. Real Estate. [...]