TD News International: 16/10/2018

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Berlin: TLG has first drafts for towers at Alexanderplatz

16/10/2018 TLG is now also presenting its plans for high rises on Berlin’s Alexanderplatz. A volume study by architecture firm Léonwohlhage was submitted to the construction committee, which calls for the elongated building section Alexanderstraße 1, 3, 5 / corner of Karl-Liebknecht-Straße 30 to be divided into three sections and a 130 m tower built at [...]

Hillwood builds 30,000 sqm logistics center in Southern Palatinate

16/10/2018 US-American developer and investor Hillwood has submitted a building application for a 27,672 sqm logistics center near the town of Haßloch in Southern Palatinate. The structure is to be built on the 56,500 sqm vacant lot on Siemensstraße (industrial park Süd). Hillwood had first entered the German market in 2015 with a speculative project in Weiterstadt [...]

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KfW: Housing market does not pose any danger

16/10/2018 In a study on the German housing market, the state promotional bank KfW estimates the potential for price setbacks in some cities to be at 22 to 40 %. However, the real estate boom does not pose a threat to the national economy, author Philip Scheuermeier believes. For instance, housing construction investments account for only [...]

Regensburg: S&P plans housing project for €28mn

16/10/2018 Sontowski & Partner Group is kicking off the housing project “Marina Bricks” in Regensburg. The building with 48 residential and two commercial units is being developed in the new “Marina Quartier”. By late 2020, 48 apartments measuring between 31 and 208 sqm, or a total of 4,300 sqm living space, and 52 parking spaces will [...]

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Kingstone and Sontowski on board with proptech Inreal

16/10/2018 Inreal Technologies has collected a six-figure sum for planned further growth with a round of financing. New shareholders of the proptech specializing in virtual reality (VR) are, among others, Kingstone Capital Partners and Erlangen-based Sontowski & Partner Group. The new funds are to be used for product development and new offices in London, Vienna, and [...]