Developments

Milestones in current real estate development projects: From planning and the groundbreaking ceremony to the developer’s exit.

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OSMAB and ALCARO celebrate progress at Log Plaza Colonia 3 and unveil artwork with historical depth

OSMAB Holding AG and ALCARO Invest celebrated the construction progress of Log Plaza Colonia 3 in Cologne-Porz with a construction site party and unveiled the mural "Remembrance Obliges" by AKUT, which focuses on local Nazi history. The logistics project offers around 33,000 m² of total usable space with DACHSER as the main tenant and is scheduled for completion in the third quarter of 2026. The aim is DGNB Gold and a photovoltaic system with approx. 3.66 MWp, which could become one of the largest rooftop systems in Cologne.

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Salzmann Industrial Monument – Laying of the foundation stone for new residential quarter in Kassel-Bettenhausen

On April 23, 2026, the foundation stone was laid for the new Salzmann-Areal residential quarter in Kassel. With the developer Cureus, the operator compassio and the general contractor MBN, a modern building ensemble with social apartments and a retirement home is being built. Completion of the first construction phases is planned for the end of 2027.

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Topping-out ceremony for Marina B: LBBW Immobilien sets another milestone in Mainz’s Zollhafen

On April 23, 2026, LBBW Immobilien celebrated the topping-out ceremony for the Marina B office project in Mainz's Zollhafen. In the presence of the Mayor of Mainz and other celebrities, the completion of the shell construction work marked significant progress. Completion is scheduled for the beginning of 2027.

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Henderson Park and HAMBURG TEAM lease HAINWERK in Berlin-Friedrichshain to JetBrains in full and on a long-term basis

Henderson Park and HAMBURG TEAM have leased the office space of the HAINWERK project in Berlin-Friedrichshain to JetBrains. The building with around 20,000 square meters is fully let before completion. The lease runs for 15 years.

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AREAL realises tenant fit-out for E.ON in Munich on around 20,000 m²

Areal Consulting GmbH is planning and supervising the tenant fit-out for E.ON in Munich on an area of around 20,000 m². The project is scheduled to be completed by the end of 2027 and will create modern working environments according to New Work standards.

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Further letting to PCC specialist medical centre in Nuremberg’s “The One” – occupancy rate at 94%

The Preventive Care Center (PCC) has leased a further 2,000 m² in the Nuremberg office building "The One" by occupying the entire 10th floor. This increases the occupancy rate of the building to 94%. Sven Sontwoski from S&P Commercial Development emphasizes the special attractiveness of the location.

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CA Immo completes sale of long-distance bus station and multi-storey car park at Frankfurt Central Station

CA Immo has sold the long-distance bus station and a multi-storey car park at Frankfurt Central Station. This transaction supports the company's strategy to focus on high-quality office buildings. The sales proceeds exceeded the book values of the properties.

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Coolse Poort in Rotterdam; Copyright: Aroundtown SA
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Aroundtown’s mixed-use property Coolse Poort in Rotterdam nominated for the Rotterdam Architecture Prize 2026

Coolse Poort in Rotterdam, a building in Aroundtown's portfolio, has been nominated for the Rotterdam Architecture Prize 2026. The building has been extensively modernized to meet current requirements. The award winner will be announced on 12 June 2026.

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