Frankfurt, 07.09.2018 – The German Football Association (Deutsche Fußball-Bund, or DFB) has awarded a contract for the construction of a commercial property in Langen on a site that was secured for this purpose by owner-managed real estate consultancy NAI apollo. DFB logistics specialists will eventually occupy the premises on Raiffeisenstraße that will comprise 4,000 sqm of hall space and 600 sqm of office space. They are responsible for providing the DFB national teams with their official and training kit and supplying team equipment to all DFB bases. Commercial property specialists MP Holding will start construction of the building in the fourth quarter of this year. Completion is currently scheduled for the second quarter of 2019.
MP Holding will be seeking a DGNB certificate in gold for the sustainability of the building. In order to achieve this aim, measures will include the installation of an underfloor heating system for more efficient climate control. The 7,950-sqm site is situated in an industrial area of Langen on the B486 federal highway, which also provides access to the national road network via the A5 and A661 motorways. The property is only 25 minutes by car from the DFB headquarters on Otto-Fleck-Schneise in Frankfurt.
Frankfurt, 03.09.2018 – VIVANIUM has acquired the property management business of owner-managed real estate consultancy NAI apollo. The property management specialist based in Heidelberg takes over the business activities of the NAI apollo property management division with effect from 1 September 2018. The parties have agreed not to disclose the purchase price. VIVANIUM, the owner-managed property management specialist that is active throughout Germany, is using the acquisition to expand its presence on the Frankfurt market. Dirk Tönges, managing partner of VIVANIUM, said: “The acquisition provides an ideal basis from which we can access the market in Frankfurt and the wider region. It opens up new acquisition channels as well as the opportunity to expand our portfolio in a long-term collaboration with NAI apollo.” The transaction will enable NAI apollo to focus on its core business areas. Andreas Krone, CEO of NAI apollo, said: “Property management is facing major changes, such as those brought about by digitalisation, for example. VIVANIUM is a proven property management specialist and is able to address these challenges in a targeted way. We will make use of the transaction to strengthen our focus on business areas such as asset management, letting, investment and corporate finance, as well as the opportunities created by digitalisation.”
The property management unit of NAI apollo employs 15 people and manages a total of 25 buildings and 800,000 sqm of rental space. VIVANIUM will take over the unit’s mandates as well as its employees, who will continue to support customers from their current premises on Schillerstraße in Frankfurt. “Nothing will change for the customers,” said Dirk Tönges. “We will take over all operations and contracts in a seamless manner.” Michael Frieling, authorised representative of VIVANIUM and managing director of VIVANIUM subsidiary Viva Dream, a joint venture with Dream Global Advisors, is taking over the management of the new VIVANIUM office in Frankfurt.
Frankfurt, 29.08.2018 – The owner-managed real estate consultancy NAI apollo has brokered the letting of a 1,200-sqm storage and office unit to a commercial tenant in Nauheim. The rented property in the Schleifweg industrial zone comprises 1,166 sqm of warehouse and 35 sqm of office space.
The tenant and landlord are both from the construction industry. The lease contract has a ten-year term and the occupancy period starts on 1 January 2019. The tenant has rented the premises as part of a takeover to support its expansion strategy.
The property is situated in the centre of Nauheim close to the regional railway station (S-Bahn). Its proximity to the “Rüsselsheimer Dreieck” traffic junction also provides easy access to the national road network.
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.
