Ingolstadt: Gerchgroup plans urban quarter for €800mn


The Gerchgroup is starting a second project in Ingolstadt after the “IN-Tower”, with plans to build a new urban quarter on an approx. 128,000 sqm site on Römerstrasse in the coming years. The company disclosed a possible investment volume of €800mn. The site’s current tenant, the spinning machine manufacturer Rieter, will relocate to another area on the site. The new quarter will primarily hold apartments, along with office and retail areas and a day care center. A landmarked warehouse is to be converted and refurbished in addition to the new construction. The Gerch Group was advised on the transaction by Rotthege Wassermann, Düsseldorf. BWFD acted as broker.

TD Premium

Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.

TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.