The Dusseldorf office letting team of international real estate consultancy firm Cushman & Wakefield (C & W) has brokered the letting of 500 sqm of office space to ETHEUS Real Estate on behalf of investment manager Quest Funds. An expanding company ETHEUS Real Estate was advised by Colliers International and plans to move at the beginning of 2021.
A fund, Hesse Newman Real Estate Nr. 2 GmbH & Co. KG, is the owner of the office building in the Airport City submarket in Dusseldorf.
The office property is located at Klaus-Bungert-Street 6, has a total area of approx. 10,700 sqm and was built in 2010.
Only 500 sqm remains vacant. The main tenant of the building is Siemens. The Airport City submarket continues to be very popular with office tenants.
Quest Funds is an investment and asset manager with a focus on Core+ and Value-add commercial real estate, with an emphasis on Germany. Quest Funds offers customised investment opportunities with an attractive risk-return profile for medium to long-term capital.
ETHEUS Real Estate is a real estate company with wide-ranging competencies. This includes transaction management, project development, project management and asset management. The company is active throughout Europe with a current focus on the German market.
Cushman & Wakefield and Colliers International broker the letting of 500 sqm of office area in Airport City
08/12/2020
RECENT NEWS
Europe's housing revolution
The European residential market is set for significant growth until 2040, according to the report ‘Unpacking Europe's Living Revolution’ by Cushman & Wakefield.
Verena Bauer • 17/07/2024
Investment Outlook Sommer 2024
Activity on the German investment market remains subdued overall and continues to be overshadowed by high borrowing rates and a weakening economy. Against this backdrop, Simon Jeschioro has drawn up forecasts for the further development of the property investment markets.
Verena Bauer • 15/07/2024
TIME Score Index from Cushman & Wakefield
Cushman & Wakefield has developed the TIME Score Index to simplify the presentation of key figures important for investment decisions. The index — Timing Investment Market Entry/Exit — identifies important changes in the commercial property environment.
Verena Bauer • 12/07/2024
INSIGHTS
Insights • Workplace
Germany Office Fit Out Cost Guide
Utilize our Office Fit Out Cost Guide 2024 to effectively plan and budget your office evolution in Germany. Start transforming your workspace in cities like Berlin, Frankfurt, and Munich today!
20/03/2024
Insights
Complete Asset Optimisation Guide
Our asset optimisation whitepapers serve as your comprehensive guide through the multifaceted real estate landscape.
Verena Bauer • 05/03/2024
Insights
European City Logistics Reports
Cities – and city logistics – continue to evolve in the post-pandemic environment. And with them, city logistics real estate strategies are also evolving.
Verena Bauer • 07/02/2024