In 2015 we acquired a former Extra hardware store which had been vacant for many years and was consequently in a desolate state. During the negotiations for the contract of sale, we were able to discuss and reach an agreement with the Department of Building Regulations (Bauordnungsamt) on our future plans for this property, while simultaneously agreeing on a leasing contract with tedox. We converted and remodeled the property for tedox in only 4 months.

After the positive experience with our business park in Wetzlarer Straße in Potsdam, we decided to operate an additional commercial park in the city. With strong support of the Potsdam Economic Development Program, we were able to acquire an approx. 13,200 m² plot at Am Buchhorst in early 2016.

Since we already had a successful reference object, we received the relevant building permit within a very short time. The general contractor agreement was signed at the end of September 2016 and work on the realization of the building has actively continued since then. The plan foresees the erection of two buildings with a usable area of 4,200 m². The completion of the first building is scheduled for May 2017. The buildings will be subdivided into utilization units of different sizes according to tenants’ requirements. The smallest unit will have a rental area of approximately 250 m². Each unit consists of 2 roller doors, windows and access doors. If required, further installations will be carried out.