Image: © CopterCloud2018 | SIGNA
Ticker

SIGNA ACQUIRES GÄNSEMARKTPASSAGE IN HAMBURG

SIGNA has acquired Gänsemarktpassage in Hamburg from MEAG, the asset manager of Munich Re and ERGO.

The property is in a prime location between Gänsemarkt, Jungfernstieg and Colonnaden. “The site’s strong points include its central location, outstanding urban setting and excellent public transport links. It is also one of Hamburg’s most sought-after office and retail locations,” commented Timo Herzberg, CEO of SIGNA Real Estate Germany. “The acquisition of Gänsemarktpassage gives us a unique opportunity to implement a large-scale development project in the centre of Hamburg.” BNP Paribas Real Estate played an advisory role in the transaction.

DEVELOPMENT OF OFFICE, RESIDENTIAL AND COMMERCIAL PROPERTY

Gänsemarktpassage currently has around 15,000m2 of lettable space, with 12,400m2 in the new building, completed in 1979, and 2,600m2 in the two historic buildings on Colonnaden, which date back to 1885. SIGNA plans to develop a high-end office, residential and commercial property. The existing buildings will be refurbished and extended.

WELL DEVELOPED LOCATION WITH EXCELLENT TRANSPORT LINKS

The quality of the location has been enhanced in recent years thanks to numerous upgrades as part of a business improvement district initiative, which in turn has attracted new businesses and generated increased footfall. The site also has outstanding links to the city’s public transport network, and the U2 underground station Gänsemarkt is directly in front of the property. The central railway station is only five minutes away on underground line U2, and Hamburg’s international airport can be reached in about 30 minutes.

 

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Disney magic comes back to Queensgate shopping centre

Lendlease and Invesco Real Estate, the global real estate investment manager, have today announced the launch of a new 4,000 sq ft pop-up Disney Store at Queensgate shopping centre.

Placewise Digital and Boostcom Announce Strategic Merger

PlaceWise Digital and Boostcom announced, the merger of the two companies, bringing together the world’s most comprehensive suite of digital services and solutions available to the global shopping center industry. The strategic focus for both companies has been, and will remain - uniting the physical and digital shopping experiences to the benefit of consumers and shopping centers alike.

Capital & Regional steps up guest experience with the first Ofsted-approved Tinies Creche in a UK shopping centre

Capital & Regional (C&R), the UK’s leading owner and manager of community retail centres, is stepping up its work on community shopping initiatives by announcing an innovative collaboration with a crèche operator in The Marlowes shopping centre in Hemel Hempstead. The partnership is with renowned Ofsted-approved childcare and creche provider Tinies Childcare – with the new facility opening later this month.

#LoveNotLandfill Presents the Most Beautiful Pre-Loved Fashion in Seven Dials, London

Fashionistas take note: 14-17th November 2019, eco-fashion campaign #LoveNotLandfill will be championing pre-loved fashion at a unique Seven Dials, London pop-up store featuring collections from charity shops curated by some of fashion’s most style-savvy influencers.

Constantin Wiesmann is new Director of Leasing at Unibail-Rodamco-Westfield Germany

On November 1, 2019 Constantin Wiesmann (35) will take over responsibility for the leasing department of Unibail-Rodamco-Westfield Germany.

wagamama to double its footprint at London Designer Outlet

Located within Wembley Park, the £3bn, 85-acre urban transformation being delivered by Quintain.