Fakt AG buys 26,300 sqm office space in Essen and Datteln

17/12/2018

Fakt AG has acquired more than 34,000 sqm office and commercial space in Essen and Datteln. The seller is TÜV-Nord. The three assets are the 8,797 sqm office complex Steuben-/Manteufel-/ Kurfürstenstraße in the center of Essen, the 14,500 sqm office building on Langemarckstraße 20 in Essen, and the former TÜV-Nord education center in Datteln. The first building is leased to the city of Essen, among other tenants; the one on Langemarckstraße is currently leased to TÜV-Nord until the organization moves to a new building in 2021. The former education center in Datteln with currently 3,000 sqm office and 8,000 sqm workshop and hall space on a 4.8 ha lot is to be redeveloped over the coming years. Initial concepts suggest utilization as a conference center with hotel and restaurant use, Fakt executive Hubert Schulte-Kemper told TD.


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