In April 2018 the HD Group bought a 5,500 m² plot in the north of Lisbon. On the property in the Lisbon municipality (Freguesia) São Domingos de Benfica the first housing project of the company in Portugal is planned. According to the current state of planning it comprises three buildings with 158 apartments as well as offices, retail space and 215 parking spaces. The above-ground gross floor area is approx. 22,400 m². At the neighboring property an administrative building for about 1,500 employees is currently being developed for the Portuguese central bank (Banco de Portugal). The investment focus is particularly on the metropolitan region of Lisbon, where housing and student housing projects will also be realized in the future. © Luis Narciso Arquitectos, LDA

The HD Group bought the practice clinic Sudenburg in the south of Magdeburg in the form of a share deal. With the acquisition of the health care property the HD Group is returning back to the healthcare sector. The medical care center covers an area of around 8,100 m² and consists of a total of 19 units consisting of apartments and practices in various areas of nursing. On the exposed property next to the clinic a supervised facility is to be developed and sold through a perimeter block development.

News on the project Greifswalder Straße 30 in Berlin. At the end of February 2018 the HD Group was granted planning permission for the construction measures – refurbishment of existing buildings as well as modernization, floor extension and new construction of a residential building. In the near future several polls will be held with all planning participants and the final planning will be completed. The expected start of construction is scheduled for spring 2019.

In the popular Bötzow district in Berlin-Prenzlauer Berg the HD Group acquired the Greifswalder street 30. In december 2016 it was sold by a private sellers’ joint venture. The land with two multi-family houses currently comprises 37 residential and commercial units. Within the scope of the planned refurbishment and modernization the buildings can be extended by a full floor, the front building additionally by a staggered floor. After the measure both buildings have 44 apartments. The backyard also offers space for a new building with 13 apartments, some with a garden area. The construction work is expected to start in the spring 2018.

The retail center “Kannenstieg-Center” in the northern district of Magdeburg was sold to a Luxembourg investor. The economic transition took place on 15 December 2017. The two-storey property offers a number of 125 parking spaces and consists of 28 rental units distributed over approx. 5,332 m² of rental space. The center is characterized by anchor tenants such as EDEKA, ALDI, ROSSMANN and KiK. The building was originally built by rebuilding and expanding a former department store.

On 23 November 2017 the W & R Immocom invited to the 3rd Berlin real estate talks at KPMG AG at Klingelhöferstraße 18 in 10785 Berlin. The international capital and the influence of foreign investors in our capital were mainly debated. As one of the participants our Managing Director Mr. Herbert Dzial was the speaker of the panel discussion with Mr. Sven Henkes (Ziegert Immobilien), Mr. Carsten Heinrich (Rubina Real Estate) and Mr. Einar Skjerven (Skjerven Group). The whole thing was moderated by lawyer Rudolf von Raven from partner Roever Broenner Susat Mazars. After that the delicious buffet invited to a get-together.

The HD Handelsimmobilien GmbH (HDHI) from Berlin is pushing ahead with the revitalization of the Kannenstieg Center in the north of Magdeburg by brokering three leases. HDHI had acquired the Magdeburg Hybrid Center as one of the first objects in its retail portfolio.

In the meantime, new leases have been concluded with a specialist in internal medicine and a shoe outlet. In addition, the lease agreement with the regional savings bank was extended for a further 5 years. The contract negotiations also led the HDHI. Around 200 m² of rentable space for the hybrid center could be leased or re-let.

The “Kannenstieg Center” covers a total area of ​​around 5,300 m² and consists of a total of 28 commercial units and 125 parking spaces. The occupancy rate is currently around 93 percent.

In the construction project “Am Lokdepot” the HD Group sold the last of 40 residential units with the purchase agreement signed on 27 October 2017. The high-quality equipped 1- to 4-room apartments with sizes from 40 sqm to 200 sqm containing balconies or roof terraces are due to floor-to-ceiling windows very well exposed. In the basement of the building there are 125 car parking spaces of which only a few are left. The building meets the requirements of the current EnEv and receives a roof greening. Completion is scheduled for summer 2018.

Since 1 October 2017, HD Handelsimmobilien GmbH has taken over the commercial and technical center management for the inner-city shopping center “Das Gerber” in Stuttgart, and is therefore responsible for the asset management. “Das Gerber” is a mixed-use property with a total area of approx. 43,000 m². In addition to approx. 25,000 m² of sales area for retail and food & beverage, the property has more than 7,000 m² of office space, 6,500 m² of living space as well as approx. 650 underground parking spaces. The individual concept of “Stadtkaufhaus Gerber” is characterized by the brands Urban Outfitters, Superdry, Brandy Melville, Søstrene Grene, Notino, Tezenis and in the local shopping sector by the retailers EDEKA, ALDI and dm. (Copyright: 0711 Digital GmbH)

On 1 September 2017 the HD Group acquired the inner-city shopping center “Burggalerie” in Mühlhausen (Thuringia). The two-storey property currently consists of approx. 17 commercial units, spread over 6,100 m² of rental area and offers a total of 230 parking spaces for the customers. At the moment Expert (consumer electronics) as well as Deutsche Post function as anchor tenants. HD Handelsimmobilien GmbH is responsible for asset management and revitalisation, including conceptual letting.