Joint study by Fraport AG and NAI apollo provides an overview of the CargoCity North and CargoCity South logistics centres at Frankfurt Airport
Frankfurt am Main, 28.06.2018 – A joint study by Fraport AG and real estate consultancy NAI apollo – partner of the NAI apollo group – found that CargoCity at Frankfurt Airport is an extremely strong logistics location. With a prime rent of more than €20 per sqm, rental prices for logistics spaces in CargoCity tend to be considerably higher than in logistics markets outside the airport. It comes as little surprise that the most important occupants within CargoCity are freight handling companies as well as cargo airlines. The biggest advantages of the location, and the reasons for the high rents, include access to the airport’s main customs office, direct links to the airport and the position of the logistics centre within the Rhine-Main region.
Frankfurt am Main, 21.06.2018 – Owner-managed real-estate consultants NAI apollo – a partner of the NAI apollo group – has held its NAI apollo group Soccer Cup for the twelfth time. A total of 20 teams – mainly from the real-estate industry – vied for the title at the training centre of German football league club Eintracht Frankfurt. Around 500 spectators and players made their way to the Riederwald district. A record sum of € 8,000 was raised for a good cause. This year, the donations will be going to the charity brotZeit e.V., which helps around 200 schools across Germany to provide children with a healthy breakfast. Three of the schools are located in Frankfurt, and funding will be extended to further institutions in the city in the new school year.
Frankfurt am Main, 08.06.2018 – imovo GmbH is the latest company to join the owner-operated real estate consultancy network of the NAI apollo group and has been representing the group in Düsseldorf since the start of June 2018. Including imovo, the NAI network now consists of eight partner companies.
Frankfurt am Main, 06.06.2018 – Owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group – has six “TOP Producers of 2017” within its ranks. Heike Krone came in at second place, Lenny Lemler and Radomir Vasilijevic reached the top 10 and Marc Bachmann, Kevin Korts and Yuval Rozenberg the top 20 of the annual revenue ranking of 6,500 employees put together by the international property network NAI Global.
Munich, 26.04.2018 – Owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group – negotiated the lease of a 700-sqm commercial unit situated opposite the Viktualienmarkt (central food market) in Munich for the fitness studio chain PRIME TIME FITNESS GmbH. The company’s new fitness studio will open for business in autumn 2018. The privately owned property is a listed residential and commercial building constructed in 1908.
Frankfurt am Main, 25.04.2018 – Owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group – has arranged the letting of a commercial property in Frankfurt-Preungesheim to Eco-Kart GmbH. A private landlord is building a hall with 2,500 sqm gross floor space at 31, August-Schanz-Straße, and the go-kart operator is expected to move into the premises during August 2018.
Space take-up of 167,000 sqm exceeds previous year’s figure by 45.6 %
NAI apollo participated in two of five large deals
New leases in existing properties account for 70 % of total take-up
Outlook: Space take-up to reach above-average level in 2018
Frankfurt am Main, 23.04.2018 – The market for warehouse and logistics space in the Rhine-Main area has made a good start to the year, according to the latest report from owner-managed real estate consultancy NAI apollo – partner of the NAI apollo group. Space take-up by tenants and owner-occupiers amounted to about 167,000 sqm in the first three months, exceeding the previous year’s result by 45.6 % (Q1 2017: 115,000 sqm). However, this was still below the volume of almost 200,000 sqm that was recorded in the first quarter of 2016.
Frankfurt am Main, 17.04.2018 – Richter + Frenzel GmbH + Co. KG, one of the leading wholesalers inthe sanitary, building services and civil engineering product segments, has extended its lease contract for premises at 7-9, Robert-Bosch-Straße in Dietzenbach by a further 15 years. The asset management division of owner-managed real estate consultancy NAI apollo – partner of NAI apollo group – was responsible for brokering the extension of the contract for the space, which comprises about 1,200-sqm of storage and approx. 200-sqm of office space. In addition, a new commercial hall with approx. 930 sqm is being constructed on the site under the overall direction of apollo real estate management GmbH. Once completed, the new building will be used as a show room by Richter+Frenzel.
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