TD News International: 09/03/2017


Hamburg seeks investor for HafenCity tower with 150,000 sqm GFA

09/03/2017 The City of Hamburg has given the go-ahead for the development of a prominent building at the eastern end of the HafenCity. Under the name “Elbtower”, a “sculptural skyscraper” up to 200 m in height is to be built at the Elbbrücken. Office, hotel, exhibition, event, and possibly living spaces are being considered for the [...]

Mannheim: RVI builds apartments in Franklin for approx. €170mn

09/03/2017 Investor from Saarbrücken RVI is to build two of the four residential towers planned at the converted area in Mannheim called Franklin. The 14-storey towers at the centre of the former US Army settlement shall take the form of letters and together form the word “HOME”. The design stems from architectural firm MVRDV (Rotterdam/Shanghai). RVI [...]


Berlin: Airbnb grows rapidly

09/03/2017 Despite the ban on misuse in Berlin, the number of stays at an Airbnb in Berlin increased by 68% last year. This is the result of an analysis by Colliers International and the Hotelschool The Hague. Accordingly, growth for conventional hotels was only 1%. The market share of Airbnb in Berlin thus rose from 5.3% [...]

CG Group projects in Hamburg and Offenbach

09/03/2017 The CG Group will take over the project Neuländer Quarree in Hamburg-Harburg from insolvent developer P&S. Hotels, offices, and apartments are planned for the 45,000 sqm industrial wasteland at Hannoversche Straße/Neuländer Straße at Harburg’s inland port. Further information will soon be announced by CG. Meanwhile, CG has received the building permit for the first phase [...]


Wiesbaden: Warburg-HIH Invest buys “Berlin” office project

09/03/2017 Warburg-HIH Invest has acquired a new office construction project with approx. 7,600 sqm of lettable area in Wiesbaden. The seller of the property that belongs to the Verso office and hotel complex at Gustav-Stresemann-Ring 7-9 is OFB Projektentwicklung. The building named after Wiesbaden’s twin city “Berlin” will feature seven storeys and a penthouse level as [...]

Munich: DC and Kontora buy office building at Central Station

09/03/2017 DC Values and the Spezial-AIF Kontora 1 managed by Kontora have acquired a 5,517 sqm office building at Munich Central Station. The seller of the property at Bayerstraße 25 is Aberdeen Balanced Germany. Lührmann brokered the transaction. Aberdeen acquired the fully let property in the summer of 2011 from HIH. Users of the property include [...]