TD News International: 13/06/2019

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Hamburg: Finanzcheck rents 6,200 sqm on Admiralitätstraße

13/06/2019 FFG Finanzcheck Finanzportale GmbH is renting 6,200 sqm of office space in the downtown Hamburg “Admi Ahoi” conversion project from Art-Invest. The service provider will occupy the entire building, located at Admiralitätstraße 60 and scheduled for completion in Q1 of 2020. Art-Invest intends to dismantle this building to the eaves along with the building next [...]

Panattoni to build logistics center near Hanover

13/06/2019 Panattoni Europe will start construction of a logistics center in Wunstorf near Hanover this month. Plans include a 21,338 sqm warehouse with 1,009 sqm of office and communal space and 636 sqm of mezzanine space which Panattoni is building for an international supplier to the automotive industry. The new building is being built on a [...]

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Flexible office space: Berlin has the most and is cheaper

13/06/2019 Berlin is the largest German market for flexible office space, with coworking and business center operators having leased 307,000 sqm to date. This figure was reported by JLL in a recent market report. 60,000 sqm will be opened for business in this year alone. A total 99,000 sqm of space has been rented but not [...]

HanseMerkur buys 113 apartments in Wiesbaden

13/06/2019 HanseMerkur Grundvermögen has acquired a residential project in Wiesbaden’s Künstlerviertel (artists’ quarter) area from Zederbaum Development. The project, located at the corner of Aßmannshäuser Straße and Maria-Sybilla-Merian-Straße, consists of 113 residential units – 104 rental apartments and nine fully furnished apartments – on 7,800 sqm. It will be completed by the fall of 2021. HanseMerkur [...]

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Leipzig/Halle Airport gets second Cargo City for €500mn

13/06/2019 Leipzig/Halle Airport, currently Germany’s second-largest cargo airport, will see around €500mn in expansion measures. This will include investments in new aprons as well as construction of a second Cargo City with several logistics and office buildings in the northern part of the airport over the next few years. The airport’s supervisory board has now approved [...]

Saarbrücken: B&L plans hotel and commercial building

13/06/2019 The B&L Group plans to build a hotel and commercial building in Saarbrücken’s city center across from the Europa-Galerie. According to plans by the Hamburg architectural firm Kunst + Herbert, the 1,200 sqm site at Bahnhofstraße 111 will hold a 10,700 sqm GFA structure with 7,500 sqm for a hotel and 3,200 sqm for retail [...]