The Nassauische Heimstätte / Wohnstadt group of companies bought the city in December 2017 from an area of around 6,600 m2 in the Fasanenhof district. Here are to develop 77 freely financed rented flats. A total of around 19 million euros will flow into the project. Already at the beginning of December, the group bought [...]
At BAB 7, one of the largest refueling and rest areas in Germany is being built. Up to 250 meters long are the individual tramlines that make the 181 herringbone pitches available for trucks. The approximately ten football fields large area was released in November 2017 for traffic. Under full operation, 254 parking spaces for [...]
Technoform division Bautec moved to a new production site in mid-2019 with approx. 21,000 sqm. The corporate group will invest about 20 million euros in the location. Source: HNA dated 14.02.2018, JBG Research.
From the summer of 2019, the Swedish fashion chain H & M will purchase all three sales floors of the magnificent Rococo buildings in the main pedestrian zone in Kassel. It was to become a "family house" with women's, men's and children's fashion, the young sub-brand "Divided" as well as underwear and accessories. Source: HNA [...]
The Leipzig-based company RE / SA Grundbesitz has leased 880 square meters in its project development Friedrichsplatz 2-3 in Kassel to the burger grill chain Peter Pane from Lübeck. The project involves the conversion and expansion of an existing commercial building. With the recent completion, the total of around 2,000 sqm of rental space is [...]
The pharmaceutical manufacturer CLS Behring is investing approx. 362 million euros in the new production building on the Görzhäuser Hof in Marburg. With this production building, the capacity is increased fourfold. There arise 20 different drugs for patients with blood clotting disorders. Production is scheduled to start there at the end of 2022. Source: CLS [...]
In the Osterholz Park, a new residential district in the east of Kassel is being built for nearly 300 people. A total of 70 plots of land with single-family homes and apartment buildings are being built. Source: HNA, 17.04.2018, JBG Research.
With the development of the last free property between Holzmarkt and Fulda, the area of the Unterneustadt will find its structural conclusion. This is where the modern office and practice building is being built by the studio Atelier-30. Adjacent to this is a residential building with 14 appealing condominiums. Source: HNA, 20.05.2018, JBG Research.
With the old production hall of the Gottschalk company, a piece of old industrial culture is being revived on the campus site. The country lets the production hall on Gottschalkstrasse, which was vacant for years, for seven million. Convert Euro for the University of Kassel. Starting in 2021, the prospective architects, urban planners and landscape [...]
In the city of Kassel, Rudolf-Schwander-Straße, Barmer Ersatzkasse has long been in favor of occupying a new location for your consulting center. The new location will be vrsl. opened in April 2019. Source: JBG Research.
The former power plant in Borken with approximately 18,000 square meters of building area and approximately 71,000 plot area was sold to the Borken company Emre Akkoyun. The investor is on this area u.a. also expand its business operations. Source: lokalo24.de from 23.06.2018, JBG Research.
At Hannoversche Straße in Niestetal the residential quarter "Sonnenallee" will be built by the end of 2019. A total of six residential buildings are to be built on the site with approx. 9600 sqm. 112 new apartments are currently being built on Hannoversche Strasse in the district of Sandershausen in Niestetal - in the immediate [...]
The Rewe Group plans to build a modern supermarket on the site of the former Massa furniture market with approx. 14,000 sqm of land in Fuldatalstraße. Source: HNA 07/07/2018, JBG Research
The Nibler Group is acquiring a logistics facility with approx. 8,000 sqm of building surface and approx. 18,000 sqm of land near the BAB 7/44/49 Kassel. Source: JBG Research.
Building land is getting scarcer in the city of Kassel - and therefore more expensive. Land prices have risen by an average of € 60 per square meter over the past five years. If one square meter of building-ready residential land cost 133 euros on average in 2013, it was 193 euros in 2017. "This [...]
Kasseler Sparkasse will demolish its current main branch on Kölnische Straße and replace it with a new building. This appropriation is intended to cover construction costs of 51 million euro. The Wolfsschlucht / Ständeplatz / Opernstraße and Kölnische Straße / Spohrstraße locations, the customer hall and the consulting center for private companies and companies are [...]
On the site of the former Federal Labor Court on the Heerstraße, a new building for three chambers of the Kassel administrative court with approximately 2,000 square meters of building space and an underground car park with 44 parking spaces. The project developer is investing around 6.5 million euros in the measure. Source: HNA 08.08.2018, [...]
Daimler will move into two new production / logistics halls with approx. 20,000 sqm and approx. 7,000 sqm of building space. The new buildings expand the Daimler AG axle area built in 1969. In total, about 20 million euros will be invested in the measure by the landlord. Source: HNA dated 21.08.2017, JBG Research.
Town Planning Council Nolda: Supply Office on Frankfurter Straße is demolished for apartments. The demand for apartments is large, the supply is too small and yet many houses are empty. Reason to talk to City Councilor Christof Nolda (Greens) about the Kassel housing market. The vacancy rate was last estimated at one percent. That would [...]
The Landeswohlfahrtsverband (LWV) Hessen and the Vitos GmbH are building an office building in Kassel including an underground car park. The new building on the Acacia Trail will house almost 4,700 square meters of office and meeting rooms as well as underground parking spaces. A total of 9 million euros will be invested by the [...]
The real estate fund of an Austrian private bank acquired the property Wolfhager Straße 54 in Kassel. The modern office building with approx. 8,160 m² of building space and 120 parking spaces is occupied by the Jobcenter for the long term. The job center moved into new space in December 2018. On the part of [...]
The housing company Wohnstadt has acquired the former office building Frankfurter Straße 84 a, Kassel and plans to build around 335 rental apartments on this property. The Budget Committee of the Hessian Landtag still has to agree to the sale. Source: www.lokalo24.deokalo24.de from 06.09.2018, JBG Research.
A total of four properties with approximately 22,642 sqm of building space leased by the state of Hesse were located at Hofgeismar (Manteuffel facility), Homberg (police department August Vilmar-Straße), Wetzlar (authority center Schanzfeldstraße and Georg-Friedrich-Händel-Straße) acquired by Fastighes. The average remaining lease term is 10 years. The net initial yield should be above 5%. Source: [...]
In the intercommunal industrial estate of Fritzlar, a logistics facility of approx. 42,000 sqm will be developed by the Düsseldorf-based developer Hellmann for the automotive group Volkswagen. In Wehrenergrund the start of construction should start at the beginning of 2019. Supply Chain Management is provided by Rudolph Warehousing. Source: HNA dated 31.08.2018, Immobilien-Zeitung, 13.09.2018, JBG [...]
The four-star Park Inn by Radisson Göttingen hotel with 114 rooms, twelve suites, six apartments, five business suites and eleven conference rooms was acquired by a French fund investor. In 2013, after a modernization, a 20-year lease was signed with the operator Provent Hotels. Source: Immobilien-Zeitung, 20.09.2018, JBG Research
The Kassel-based company MGW Service GmbH & Co. KG is a private service provider that maintains, repairs and modernizes locomotives throughout Europe. The company is developing a modern new head office and warehouse complex in the Kassel industrial park Langes Feld. Source: HNA 08.10.2018, JBG Research.
The Employment Agency becomes vrsl. in 2020 move into a modern new building with approx. 10,500 sqm of building space in Wolfhager Strasse. The office building is being built adjacent to the job center. Source: HNA 10/10/2018, JBG Research.
The spacious office building with approx. 13 floors with approx. 20,000 sqm of building space in the city of Kassel was acquired by a project developer. The long-term tenant Agentur für Arbeit will move into a new building and leave the building. In the environment and the location, project developments for e.g. the Fraunhofer Institute, [...]
The approx. 49,000 square meter Göttingen Kaufpark, near BAB 7, was acquired by Deka Immobilien GmbH. Anchor tenants of the approximately 64 shops are u.a. Real, Obi, Tegut and Aldi. Source: HNA 10/10/2018, JBG Reserach.
Kasseler Salzmann-Areal is to become a residential area. Over the past decade or so, there have been several unsuccessful attempts to revive the former textile factory. Now urban policy has been presented with a new concept. Owner Dennis Rossing apparently undertakes a new attempt to reuse the Salzmann site in Kassel. In its most recent [...]
Continue to the. Kassel is one of the most dynamic business locations in Germany. This is shown by the results of the city ranking of the institute ·· the German economy in Cologne and the magazine WirtschaftsWoche. Compared to 71 major German cities, the city of Fulda improved overall with his placings slightly. In the dynamic [...]
Deutsche Bank moves to a new location on the Friedrichsplatz in Kassel city center. The striking building from the fifties was extensively modernized and renovated for the bank. Source: HNA dated 13.12.2018, JBG Research.
The Finnish engineering company Citec Engineering & Information GmbH moves into the city of Kassel modern and spacious office space with its subsidiary TGB Technisches Gemeinschaftsbüro GmbH. JBG was advised. Source JBG Research.
For the 20th anniversary, the owner, Jochinger Bauconsulting und Projektmanagement GmbH succeeded in significantly improving the rent structure of the Königs-Galerie in Kassel with around 60 stores. New tenants such as the fashion provider COS and the drugstore chain Rossmann could be won. The Center has a total area of around 24,000 sqm, of which [...]
PATRIZIA Immobilien AG has taken over the new building in the inner city of Kassel for a long-term rented office building. The office space has been let to the state of Hesse for 15 years, which would like to use the new building as a seat for the Regierungspräsidium Kassel. "The property is a high-quality [...]