Frankfurt, 23.08.2018 – The owner-managed real estate consultancy NAI apollo has brokered the lease contract for approx. 4,700 sqm of logistics space in Wiesbaden-Nordenstadt. The tenant is Sopro Bauchemie GmbH, which is renting the unit at 6, Ostring for the storage and distribution of its products. The landlord is the family-run company May & Co. Wohn- und Gewerbebauten from Itzehoe.
The mixed-use property offers a total rental area of about 15,500 sqm. Superfly Air Sports Wiesbaden GmbH is another anchor tenant in the building and operates a trampoline park on site. In total, a further 2,800 sqm of hall and office space is still available.
Sopro Bauchemie GmbH, one of the leading suppliers of building chemical products in Europe, is leasing the space in the east of the city to support its expansion strategy. The site is situated close to the A66 motorway, and Frankfurt Airport is only 15 minutes away by car via the adjacent Wiesbaden motorway junction (Wiesbadener Kreuz). In addition, Sopro Bauchemie’s production site at 74, Biebricher Straße in Wiesbaden is only about 10 kilometres away.
Frankfurt, 21.08.2018 – Owner-managed real estate consultancy NAI apollo has brokered the letting of around 3,100 sqm of warehouse and logistics space in Dreieich to Deutsche Flugsicherung. The German air navigation service provider will move into the premises at 10, Lise-Meitner-Straße from September 2018. The landlord is KS Verwaltungsgesellschaft mbh — a private property management firm based in Dreieich.
The commercial property offers a total rental area of about 8,300 sqm, of which 4,000 sqm of warehouse space and around 1,200 sqm of office space is still available. The hall areas in the building are already partially equipped with shelving. Deliveries are made via ramps with dock levellers. The site is located in the Dreieich-Sprendlingen industrial zone and the nearby A661 motorway provides easy access to the national motorway network.
Frankfurt, 17.08.2018 – The owner-managed real estate consultancy NAI apollo has brokered the sale of a 1,500-sqm commercial property in Bad Homburg to a private buyer. The seller is a private investor. The premises at 20, Steinmühlstraße include 1,100 sqm of hall space and 400 sqm of office space.
The building is situated in an industrial zone near to the Bad Homburg ‘Kreuz’ (motorway intersection). It provides space for production companies with a focus on craft industries and trade. Well-known companies such as Stadtwerke Bad Homburg, Fresenius SE & Co. KGaA and DMG MORI Frankfurt GmbH are already based in this area. The A5 motorway provides access to the national road network.
Munich, 01.08.2018 – Owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group – negotiated the lease contract for 450 sqm of office space on Reichenbachstrasse street in Ismaning for I.G. Pflanzenzucht GmbH. The landlord is LBBW Immobilien. NAI apollo was also able to let the former office location of I.G. Pflanzenzucht on Nußbaumstrasse at Sendlinger Tor in Munich to etcos immobilien management GmbH. The rental space in the office property, which belongs to I.G. Pflanzenzucht, comprises 230 sqm.
I.G. Pflanzenzucht specialises in the sale of seeds and is one of the oldest plant breeding groups in Germany. The company decided to extend its premises as a result of recent expansion.
Steffen Hecht from NAI apollo said: “We are delighted to have been able to accomplish two goals at the same time for I.G. Pflanzenzucht GmbH, securing a new office space for the company on one hand while also finding a tenant for its former premises on the other. Furthermore, we were able help etcos immobilien management GmbH, a company with close ties to us, obtain a new office space.”
Frankfurt am Main, 17.07.2018 – Owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group – has arranged the sale of a commercial property with approx. 3,100 sqm of floor space in Meuspath in North Rhine-Westphalia to a German automotive group. NAI apollo had been exclusively mandated to place the property, which is situated on a 12,000-sqm plot. The is Bridgestone Germany. The parties agreed not to disclose the purchase price.
The site is located in an industrial area near the Nürburgring racetrack and is home to numerous companies involved in motor sports. Among other activities, these companies test their latest developments on the Nürburgring circuit, which at 26km is the longest permanent racetrack in the world. It is only a five-minute journey from the Meuspath industrial area.
Take-up in first half of 2018 falls almost 13 per cent year-on-year to 322,000 sqm
Decrease in the segment for “5,000-sqm plus” spaces and off-plan lease contracts
Acceleration of project completions; new building projects on the starting block
Forecast: Stabilisation of market activity and a year-end result in line with the long-term average
Frankfurt am Main, 12.07.2018 – Rental activity on the market for warehouse and logistics space in the Rhine-Main region weakened slightly in the second quarter of 2018 following a good start to the year, according to the latest analysis from owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group. Take-up by tenants and owner-occupiers reached about 155,000 sqm in the last three months, a decrease of 7.2 per cent compared to the first quarter of the year. The half-year take-up volume amounted to about 322,000 sqm, which represents a 12.8 per cent decline compared to the first half of 2017.
Joint study by Fraport AG and NAI apollo provides an overview of the CargoCity North and CargoCity South logistics centres at Frankfurt Airport
Frankfurt am Main, 28.06.2018 – A joint study by Fraport AG and real estate consultancy NAI apollo – partner of the NAI apollo group – found that CargoCity at Frankfurt Airport is an extremely strong logistics location. With a prime rent of more than €20 per sqm, rental prices for logistics spaces in CargoCity tend to be considerably higher than in logistics markets outside the airport. It comes as little surprise that the most important occupants within CargoCity are freight handling companies as well as cargo airlines. The biggest advantages of the location, and the reasons for the high rents, include access to the airport’s main customs office, direct links to the airport and the position of the logistics centre within the Rhine-Main region.
Frankfurt am Main, 21.06.2018 – Owner-managed real-estate consultants NAI apollo – a partner of the NAI apollo group – has held its NAI apollo group Soccer Cup for the twelfth time. A total of 20 teams – mainly from the real-estate industry – vied for the title at the training centre of German football league club Eintracht Frankfurt. Around 500 spectators and players made their way to the Riederwald district. A record sum of € 8,000 was raised for a good cause. This year, the donations will be going to the charity brotZeit e.V., which helps around 200 schools across Germany to provide children with a healthy breakfast. Three of the schools are located in Frankfurt, and funding will be extended to further institutions in the city in the new school year.
Frankfurt am Main, 08.06.2018 – imovo GmbH is the latest company to join the owner-operated real estate consultancy network of the NAI apollo group and has been representing the group in Düsseldorf since the start of June 2018. Including imovo, the NAI network now consists of eight partner companies.