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
Jens Weymann New Head of Sustainability & ESG Germany
Cushman & Wakefield has appointed a new Head of Sustainability and ESG for Germany. Jens Weymann, M.Sc. Energy and Environmental Engineering, will assume this position with effect from 1 May 2025.
Verena Bauer • 07/05/2025
European Living Investors Intend To Increase Sector Exposure With PBSA and PRS The Top Targets
Eighty percent of investors in Europe’s living sector expect to increase their allocations over the next five years with Purpose Built Student Accommodation (PBSA) and the Private Rental Sector (PRS) their top targets, according to new insight from Cushman & Wakefield.
Verena Bauer • 05/05/2025
New US-Administration - Consequences for the Real Estate Markets
Nothing is as it was just a hundred days ago. Donald Trump is shaking up the world. Including the global property markets. And thus also their European and German offshoots. The outcome of the movement is still open and forecasts should only be viewed with caution.
Verena Bauer • 02/05/2025
INSIGHTS
Insights
Our report “Rethinking European Offices” examines at the risk of obsolescence in 16 key European cities. The findings reveal that the majority of Europe's office real estate stock is at risk of becoming obsolete by 2030.
18/12/2024
Insights
Your Strategic Compass in the World of Commercial Real Estate Investment
05/11/2024
Insights
Regulation in the German Housing Market
What Investors Need to Know: Legal Framework and Current Market Trends in Leasing. A Report developed by Cushman & Wakefield and Hogan Lovells.
26/09/2024