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The complex was built in 1996 and consists of 18 houses with a total of 143 residential units and 75 parking spaces. The properties have a total area of around 11,350 m² and are almost fully let. The seller of the residential complex is a family office from southern Germany.
The fashion brand's first shop in the Saxon metropolis will open in 2025. The landlord of the building is a holding company. JLL brokered the conclusion of the contract on behalf of the tenant and the owner.
The German market for warehouse and logistics space is extremely stable after three quarters in 2025. A total of around 4.35 million m² was taken up in the first nine months of the year – of which 1.2 million m² or 28 per cent were owner-occupiers.
Ernsting's family is moving within Oldenburg's city centre. In the commercial building at Achternstraße 1-2, the company has rented 350 m² of retail space on the ground floor.
In the Cologne district of Nippes, the new music concept UrbanMusix has opened. At Geldernstraße 35-37, the provider rents a total of 1,400 m², including 1,100 m² in an office building and around 300 m² in an associated residential building.
At the end of the first half of the year, the investment market for retail real estate continued its recovery and, with a transaction volume of EUR 2.9 billion, exceeded the previous year's figure by ten percent. However, the average of the past five years is still 15 percent short.
German city centres are in demand as rarely in recent years, retail concepts are expansive, and so the real estate market for retail space has followed an extraordinary start to the year with another strong quarter.
With 19 transactions, the trend on the Düsseldorf real estate investment market is again pointing more clearly upwards. So many sales have not been registered in the NRW state capital since Q1 2022.
Although the demand for technologies such as 5G, cloud services and, above all, artificial intelligence (AI) is enormous, limiting factors are causing slightly weaker growth.
Global real estate transaction volume reached $185 billion in the first quarter of 2025, up 34 percent year-on-year. EMEA achieved the largest increase in sales among the world regions at 41 percent.