Stuttgart: Berlin Hyp finances Lautenschlager complex with €55.7mn

22/02/2019

Berlin Hyp is issuing LBBW Immobilien Management a loan of €55.7mn for refinancing and refurbishing the Lautenschlager complex in Stuttgart. The loan has a ten-year term and is financing an ensemble of four buildings. In the first phase of construction, two new structures were built and one existing building renovated by the end of 2017. Work on the landmarked front structure, which has been deconstructed down to the historic façade, will start in April 2019. It is scheduled to be completed by late 2020. The 13,100 sqm complex offers a mix of uses including offices, retail, restaurant, and residential space.


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.