120 new apartments for Kassel

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 [...]

28/03/2019|News|

Tank and Resting System Kassel

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 [...]

28/03/2019|News|

H & M opening in 2019

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 [...]

28/03/2019|News|

Burgerkette Peter Pane comes to Kassel

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 [...]

28/03/2019|News|

CSL Behring builds new building

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 [...]

28/03/2019|News|

New residential district Kassel – Bettenhausen

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.

28/03/2019|News|

Modern development in Unterneustadt

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.

28/03/2019|News|

Revitalization at the University of Kassel

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 [...]

28/03/2019|News|

Barmer Ersatzkasse occupies new city location

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.

28/03/2019|News|

Industrial area in Borken sold

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.

28/03/2019|News|

New housing with apartments

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 [...]

28/03/2019|News|

Rewe new building in Kassel – Wesertor

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

28/03/2019|News|

Nibler Group acquires logistics property

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.

28/03/2019|News|

Land prices in Kassel are rising sharply

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 [...]

28/03/2019|News|

New construction of Kasseler Sparkasse

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 [...]

28/03/2019|News|

New building at the Kassel ICE station

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, [...]

28/03/2019|News|

New buildings for Daimler

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.

28/03/2019|News|

Citywide, 8,000 new apartments in Kassel are being planned

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 [...]

28/03/2019|News|

New office building for LWV and Vitos

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 [...]

28/03/2019|News|

Swedish investor buys authority center

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: [...]

28/03/2019|News|

New logistics facility in the south of Kassel

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 [...]

28/03/2019|News|

Hotel Park Inn Göttingen sold

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

28/03/2019|News|

MGW develops new location in Kassel

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.

28/03/2019|News|

Inner city office building sold in Kassel

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, [...]

28/03/2019|News|

Another development start for Salzmann Areal in Kassel

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 [...]

28/03/2019|News|

Dynamic cities – Kassel in the top 20

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 [...]

28/03/2019|News|

Ingenieurgesellschaft moves to new location in Kassel

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.

28/03/2019|News|

New rentals in the Königsgalerie Kassel.

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 [...]

23/12/2016|News|

PATRIZA acquires office building in Kassel city center

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 [...]

23/12/2016|News|
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