TD News International: 23/04/2019

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Union Investment takes over Neuer Kanzlerplatz in Bonn

23/04/2019 Union Investment is buying the office quarter on Neuer Kanzlerplatz in Bonn from Art-Invest Real Estate. The ensemble consists of three buildings totaling roughly 60,000 sqm lettable space, which are to be completed by 2022. Main tenant will be DB Privat- und Firmenkundenbank, and about 80 % of the space has been pre-let. Construction on the [...]

Reiner Braun will be the new head of Empirica

23/04/2019 Marie-Therese Krings-Heckemeier, who founded Empirica in 1990 together with Ulrich Pfeiffer, is leaving the firm’s executive board on 30 April to join the supervisory board. Reiner Braun, Vice-CEO since 2015, will succeed her on 1 May as the new CEO. His appointment is initially for five years. The contracts with board members Ludger Baba, Meike [...]

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German sales team of Premier Inn now complete

23/04/2019 Premier Inn has completed its sales team for Germany. Kevin Klerkx has been in charge of the central region since March 2019, the Rhein-Main area, Bavaria, and Baden-Württemberg have been managed by Emma Wooster since March. Both had previously worked for the hotel group in other positions. Northern Germany has been under the helm of [...]

DIM manages residential property in Frankfurt’s Europaviertel

23/04/2019 DIM Deutsche Immobilien Management is taking over the property management for a residential property with 160 units in Frankfurt’s Europaviertel for Hamburg Trust. The residential quarter was built in 2011 and has roughly 12,000 sqm total living space. DIM is taking on the commercial and technical property management for the property, as well as marketing [...]

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Düsseldorf: Levi’s opens new flagship store on Schadowstraße

23/04/2019 Levi’s has opened a new flagship store on Schadowstraße 55 in Düsseldorf. The shop has 822 sqm retail space and will be operated in addition to the existing store on Mittelstraße 17. The lessor is a private owner. The shop had been leased to shoe retailer Siemes for the last 30 years, before Tally Weijl [...]

Frankfurt: OFB completes Kornmarkt Arkaden

23/04/2019 OFB Projektentwicklung has finished the Kornmarkt Arkaden in downtown Frankfurt. The last phase of construction was the fit-out of the office unit “Kornmarkt Kontore”; the individual sections have been handed over to tenant Spaces. The opening of the Spaces co-working location is planned for May of this year. At this point, the commercial tenants as [...]