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General contractor found for the “Holzmarkt 51” district: PORR Hochbau Ost takes over the operational management of the district development

Berlinovo and Berliner Bäder-Betriebe have commissioned PORR Hochbau Ost as the general contractor for the "Holzmarkt 51" district. Start of construction Q3/2026 with dismantling of the old swimming pool, completion by the beginning of 2030. Planned: indoor swimming pool, approx. 375 apartments, 4,600 m² offices, 1,500 m² retail.

CooperationsDevelopmentsReal Estate
News Survey

Exploding operating costs of office properties – NEO OFFICE IMPACT REPORT provides benchmarks

BAUAKADEMIE forecasts a 17 percent increase in the operating costs of office properties by 2028. For the NEO OFFICE IMPACT REPORT, data will be collected until August 28, 2026, also from the tenant's point of view. Participants receive the report free of charge; Benchmarks count in certifications.

MarketsReal Estate
News

“Limbecker Platz” in Essen: Successful repositioning is having an effect

Union Investment and ECE have restructured the once 19,000 m² Galeria space in Essen's Limbecker Platz and let it almost completely. Four out of five units are occupied, around 50% are open; new tenants include: P&C* Düsseldorf, Intersport, Netto, Lager 157.

DevelopmentsReal Estate
News

Riverside Labs Berlin-Mitte: European Life Science Lighthouse Project Reaches Foundation Stone Ceremony Just 15 Months After Building Application

Riverside Labs Berlin-Mitte celebrates the laying of the foundation stone. Around 80% of the life science building (approx. 20,000 m², investment volume around 200 million euros) is pre-let, including to Bayer Co.Lab and the Berlin Center for Gene and Cell Therapies. Completion early 2028.

DevelopmentsReal Estate
News

Rental fund “Jamestown 32” acquires its final fund property with a stake in the 25,000 sqm Miami Worldcenter

Jamestown has completed the portfolio construction of its Jamestown 32 fund: As its fifth and final investment, the fund is acquiring a minority stake of around 10 percent in the 25,000 sqm Miami Worldcenter, which will open in 2024. The property is 90% let; Tenants include Apple and Santander.

DealsReal Estate
Premier Inn Göttingen (Copyright: Premier Inn Deutschland)
News

Real I.S. signs long-term lease agreement with Premier Inn for 5,000 sqm hotel property in Göttingen

Real I.S. leases its hotel property in Göttingen to Premier Inn on a long-term basis. Handover on 1 May 2026, opening with 144 rooms on 3 June 2026. The 25-year contract follows the insolvency of the previous operator Revo Hospitality Group.

DealsReal Estate
Das Sunday Hotel Dortmund City mit 82 Zimmern; Copyright: Aroundtown SA
News

Aroundtown leases four hotels in major German metropolitan regions to PRISM

Aroundtown has leased four hotel properties in Düsseldorf, Frankfurt/Neu-Isenburg, Dortmund and Offenburg to the PRISM platform. PRISM operates under the brands Sunday Hotels and Belvilla. Both sides emphasize the long-term cooperation.

DealsReal Estate
News

Abama Luxury Residences and Engel & Völkers France: an exclusive partnership for French investors

Abama Luxury Residences (Abama Resort Tenerife) enters into a strategic partnership with Engel & Völkers France. The real estate agency becomes the exclusive distributor of Abama real estate in France. The project targets French investors; Launch scheduled for May 2026.

CooperationsCooperationsUnkategorisiertReal Estate

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