The Düsseldorf office agency team at the real estate consultancy Cushman & Wakefield has brokered around 1,000 sq m of office space at Schiessstrasse 61 in Düsseldorf-Heerdt to the ICT system integrator Ostertag DeTeWe.
The move is expected to take place in early May 2020 while Ostertag DeTeWe merge two of their locations in Kaarst and Cologne. The landlord was represented by WOLLENBERG Investment Management.
The office building, built in 1953, has an area of 3,516 sq m and has three wings.
Cushman & Wakefield recorded a total transaction volume of EUR 1.3 billion in the German, representing a 10 percent increase compared to the previous year. Despite this growth, the transaction volume remained around 60 per cent below the 10-year average.
Verena Bauer • 14/01/2025
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Cushman & Wakefield recorded a total transaction volume of EUR 5.13 billion on the German office investment market in 2024. With €1.48 billion, the 4th quarter was the strongest quarter of 2024. Core office transactions remained rare over the past 12 months.
Verena Bauer • 10/01/2025