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NAI APOLLO: OFFICE LETTINGS MARKET IN FRANKFURT AM MAIN WITH OUTSTANDING HALF-YEAR RESULT FOR 2019

Frankfurt am Main, 1. Juli 2019

“The result was driven by numerous large-scale deals which were expected at the end of the first quarter and have now been completed. This is also noticeably reflected in the distribution of size categories,” explains Wende. As such, the “> 10,000 sqm” cluster not only represents 27.3 % of the total volume, but has also tripled to 71,700 sqm compared to the middle of the previous year. By contrast, the other four size categories suffered losses.

The largest deal by far during the first six months was DekaBank Deutsche Girozentrale’s rental of 46,200 sqm in a project at Lyoner Straße 13. The next largest transaction was Randstad’s leasing of 14,800 sqm in Frankfurter Straße 100, Eschborn, which was also within the scope of a development.

 

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NAI apollo: Food truck company leases 450 sqm of warehouse space in Offenbach

Frankfurt am Main, 19 June 2019 – A regional food truck company has rented 450 sqm of warehouse space at Schumannstraße 76 in Offenbach as part of its expansion. The rental commences on 3 June 2019; the owner of the property is an association of private persons. NAI apollo provided support to the lessee during the leasing process of the new space.

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VietinBank moves to larger premises – NAI apollo advises

Frankfurt am Main, 17 June 2019 – One of Vietnam’s largest banks, VietinBank, has moved to new premises in the Westend-Carree at Grüneburgweg 14-18 in Frankfurt am Main. The bank has thus increased the space its Frankfurt branch occupies to almost 1,360 sqm. The previous location was owned by the VietinBank and was brokered to a private investor in collaboration with NAI apollo.

“Multi-tier consulting like we provided for VietinBank in Frankfurt is at least as exciting as it is challenging. The lease and sale must be coordinated exactly to schedule to not disrupt the client's ongoing operations,” says Andreas Wende, Managing Partner of NAI apollo. “Satisfying the space requirements in a highly competitive market for office space ‘just in time’ is a tremendous achievement by our team.”

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NAI apollo: Private investor acquires residential complex in Maintal-Bischofsheim

Frankfurt am Main, 13 June 2019 – A private investor has acquired a residential complex in Maintal-Bischofsheim comprised of nearly 1,400 sqm of rental space for €3.95 million. The seller is also a private investor. The residential complex was built in 2015 and is fully let. NAI apollo provided support to the seller during the transaction.

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NAI apollo: The Consulate General of Malaysia is leasing 1,500 sqm of office space in Frankfurt

Frankfurt am Main, 12. June 2019 – The Consulate General of Malaysia is leasing nearly 1,500 sqm of office space at Bleichstraße 64-66 in Frankfurt. The Consulate General will move to the new premises in the third quarter of 2019. NAI apollo provided support to the lessee during the leasing process.

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NAI apollo brokers 850 square metres of exhibition, sales and hall space in Hanau

Frankfurt am Main, 11. June 2019 – NAI apollo has brokered around 850 square metres of exhibition, sales and hall space at Moselstraße 45 in Hanau to motorcycle dealership Cruiser Center GmbH. The landlord is WEMAG GmbH & Co. KG, for whom NAI apollo was working.

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NAI apollo collaborates with the Akademie der Immobilienwirtschaft

"Only through specialised Knowledge, and therefore ongoing education and Training, can we set ourselves apart from the Competition, meet our clients´ demands and master the growing challenges successfully. We aim to support our employees in this, regardless of their division or Position," says Dr. Marcel Crommen, Managing Partner of NAI apollo. The ADI has contributed to the professionalisation of our Industry for over 20 years, and our collaboration with them is an important buildingblock for NAI apollo regarding the continuous further development of our current and future employees. We will encourage our colleagues to actively participate in suitable education and Training measures," explains Andreas Wende, another Managing Partner of NAI apollo.

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Workplace Ordinance no longer fit for purpose

Berlin, 9 May, 2019 – In light of the progressing transformation of working environments and the new demands placed on workplaces and office spaces, the German Workplace Ordinance (ArbStättV) is no longer up to date with reality. This is the conclusion drawn by the new digital publication “Zeitgerechte Arbeitsstättenverordnung? Über Wohlbefinden, Produktivität und Change Management auf der Fläche” (“Is the Workplace Ordinance up to date? On well-being, productivity and change management in the space”) published by the German Property Federation (ZIA), the umbrella organisation for the real estate industry. Fixed dimensions for offices, movement areas and a lack of flexibility regarding the use of space are no longer in line with the times.

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NAI apollo: Foreign trading company rents 942 sqm in Mörfelden-Walldorf

Frankfurt am Main / Mörfelden-Walldorf, 15 April 2019 – CU C&T GmbH has rented 942 sqm in the GEWI business park in Mörfelden-Walldorf. The foreign trade company, which specialises on Korea, and is based in Schwalbach am Taunus, is expanding by leasing the warehouse (647.5 sqm) with an accompanying office complex (295 sqm). The lessor of the property in Dreieichstraße 3b is the property management company GEWI Gewerbe-Immobilien GmbH & Co. NAI apollo acted as a broker for both parties.

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NAI apollo: Transaction market for residential portfolios makes positive start to 2019 despite a decline in volume

Frankfurt am Main, 15 April 2019 – The transaction market for residential portfolios in Germany has successfully maintained the strong momentum that was evident in previous years, according to the latest analysis by owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group. Although the first quarter of the year saw a significant reduction in the volume to about €3.9 billion compared to €6.9 billion in the corresponding quarter of 2018, it should be noted that the previous year’s figure was boosted by one large deal, namely the acquisition of BUWOG by Vonovia. “If this transaction is excluded from the overall volume, the difference is significantly mitigated. Last year’s volume would have amounted to about €4 billion, which almost exactly corresponds to the current result,” said Andreas Wende, Managing Director of NAI apollo. Around 24,500 units were traded in the last three months.

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