TD News International: 23/01/2019


Immobel: Belgians buy residential tower project in Frankfurt

23/01/2019 Belgian Immobel Group has bought the residential tower project “Eden” in Frankfurt. The high rise in the Gallus district with 263 apartments or 20,000 sqm living space was designed by gsp Städtebau. Completion is scheduled for 2022. The project is part of the so-called Telenorma site development, which also includes the hotel and office tower “The [...]

Hamburg planning a science district

23/01/2019 Hamburg’s senate, the district of Altona, the Deutsche Elektronen-Synchrotron (Desy), and Hamburg University revealed their development plan for “Science City Bahrenfeld” yesterday. The name describes a vision of creating new scientific institutions, buildings for startups, and 2,500 apartments on 125 ha around the research campus in Bahrenfeld. Apart from an expansion of the Desy, which [...]


Pandion buys 3 ha development land in Berlin

23/01/2019 Cologne-based developer Pandion has acquired two construction lots in Berlin. One is a roughly 19,000 sqm vacant lot on Asgardstraße in Pankow’s Heinersdorf district, which is earmarked for housing development. The second lot of about 12,400 sqm is located on the corner of Persiusstraße and Bödikerstraße in Friedrichshain. This site is to be developed in [...]

Osmab buys 34 ha for Alcaro logistics park in Frankfurt (Oder)

23/01/2019 Alcaro Invest is planning an industry and logistics park in Frankfurt (Oder). Osmab Holding, which includes Alcaro, has acquired about 34.5 ha land in the cargo handling center GVZ-Süd for the purpose, the city states. The location for the “LogPlaza FFO” allows for the development of one or more big box structures of up to 170,000 [...]


Becken appoints CFO and creates new business unit

23/01/2019 Hamburg-based developer and asset manager Becken has appointed Hauke Rahner (39) to the position of CFO. He has already been leading the financing unit since 2017 and has been an authorized representative for the company. In addition, Becken has established a new business unit for office leasing and residential sales together with Becken Estates. The [...]

Ehret+Klein builds housing quarter in Bernau near Berlin

23/01/2019 Starnberg-based developer Ehret+Klein is planning more than 400 apartments in Bernau near Berlin. The company reports having had the groundbreaking ceremony for the first phase of “Waldquartier Friedenstal”. Completion of the first 225 rental units on the corner of Zepernicker Chaussee and Lenastraße is scheduled for late 2020. This initial section will create about 27,000 sqm [...]