TD News International: 04/12/2017

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Berlin: WeWork leases 13,000 sqm on Potsdamer Platz

04/12/2017 Coworking space provider WeWork is going to open its largest location in Germany on Potsdamer Platz in Berlin. The US company has leased about 13,000 sqm on 14 floors of the “Atrium Tower” on Eichhornstraße 3. The offices are to be ready for occupation by the summer of 2018; the lessor is Brookfield. This is [...]

Frankfurt: GEG office tower Winx now fully leased

04/12/2017 GEG has closed four large lease contracts in Frankfurt’s Winx tower for a total of 9,000 sqm. The office tower is now fully leased ten months before its completion. The individual leases are: Union Asset Management has leased roughly another 6,000 sqm (5,000 sqm office space and 1,000 sqm storage). Altogether, Union now occupies 30,500 [...]

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CA Immo: CEO Nickel is leaving, Quint joins

04/12/2017 Frank Nickel, CEO of CA Immobilien Anlagen, is leaving the firm by his own request for health reasons. Nickel (58) will be leaving the office by the end of the year or no later than 31 March 2018. After that, he will be supporting the company as an external consultant. Nickel had taken the helm [...]

Hamm: Fokus buys Ritterpassage and wants to invest €30mn

04/12/2017 Focus Development is the new investor for the Ritterpassage in downtown Hamm in Westphalia. As the city reports, the Duisburg-based developer has purchased the 5,100 sqm complex from Deutsche Anlagen-Leasing (DAL) and the city. “We want to create a new quarter and new impulses – with a mix of retailers, restaurants, and services,” says Fokus [...]

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Deutsche Hypo: Andreas Pohl is leaving

04/12/2017 Andreas Pohl (60) is leaving his position at Deutsche Hypo. The chairman of the board at the real estate financing firm will not be extending his expiring contract and thus will be vacating his post as of 28 February. Pohl explains the move with wanting to spend more time with his family. He has been [...]

Berger builds 55,000 sqm logistics space in Erfurt

04/12/2017 The Austrian company Berger logistics is building a logistics center with roughly 54,000 sqm hall space and 1,200 sqm office space in Erfurt-Stotternheim. The groundbreaking ceremony for the first section with three halls and 30,000 sqm was held a few days ago; completion is scheduled by 1 April of next year. The whole complex on [...]