As part of an online press conference on the office real estate market, speakers Tobias Dichtl, Co-Head of Market Intelligence & Foresight at Colliers, Felix Meyen, Managing Director of HIH Invest, and Jens Hogekamp, Managing Director of Becken Development GmbH, gave an outlook on further developments in the second half of 2024 and looked back on the first half of the year. In the first half of 2024, there were virtually no major transactions on the investment market for office properties.

Becken, a specialist in project development, revitalization, asset and investment management of commercial and residential properties, and HanseMerkur Grundvermögen have completed the new "Fabrik Office" project in Munich on schedule. The property at Steinerstrasse 11, on the corner of Tölzer Strasse 1, was built as part of an equal joint venture between Becken and HanseMerkur Grundvermögen (HMG). In March, around 55 percent of the rental space was handed over to the tenants Nano Temper and Ramboll. The technology and service provider Computacenter will move into around 2,550 square meters of office space on the first floor and second floor from August 2024.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, has achieved another letting success for its Düsseldorf office project development "CURVE". The Japanese chemicals group Mitsui Chemicals Europe GmbH has leased around 1,400 square meters on the fourth floor of the six-storey office building in Helmholtzstrasse near Düsseldorf's main railway station. The lease was concluded for a long-term term and begins at the end of 2024.

The Hamburg real estate market will remain under pressure in 2024, but is still in robust shape. On a ten-year average, total transaction activity in the first quarter of 2024 is down by around 58%. Industrial and logistics properties dominate the transaction market and are currently the strongest asset class. By contrast, there were no major lettings on the office market in the first quarter. Investors and tenants are generally looking for smaller office spaces - while rents are rising at the same time. In the current market environment, banks are considerably more reluctant to provide real estate financing and are demanding more collateral and ESG compliance for the properties to be financed.

Becken, a specialist in project development, revitalization, asset and investment management of commercial and residential properties, has signed a further long-term ten-year lease agreement with Computacenter AG & Co. oHG for the "Fabrik Office" project development in Munich. The project is the result of an equal joint venture between Becken and HanseMerkur Grundvermögen (HMG). The technology and service provider Computacenter, headquartered in Hatfield, UK, will occupy around 2,550 square meters of office space on the first floor and second floor from August 2024.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, is significantly expanding its asset and property management and ESG refurbishment divisions together with its subsidiary INDUSTRIA. With this goal in mind, the management of Becken Holding will be expanded with Markus Reinert FRICS (age: 58) as COO of Becken Holding with effect from January 1, 2024. The experienced real estate expert joins from asset and property manager IC Immobilien Gruppe, where he was Spokesman of the Management Board.

Germany will lack around two million new apartments by 2026 and there is no relief in sight, said Dieter Becken at a press conference entitled "Does Germany need a housing miracle?", which was attended by the companies Becken, Catella Residential Investment Management, DLE Land Development and PREA and organized by the Berlin-based consultancy Rueckerconsult.

The shell is finished: Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, celebrated the traditional topping-out ceremony for the "CURVE" in Düsseldorf's city centre today together with construction company Dreßler and guest of honour District Mayor Dietmar Wolf. The six-storey office building fills a gap in Helmholtzstrasse near Düsseldorf's main railway station and within walking distance of Königsallee. At around 7,000 of a total of around 10,800 square meters, the majority of the building has been let to the North Rhine-Westphalia Consumer Advice Center. The building is scheduled to be ready for occupancy at the end of 2024.

INDUSTRIA, the investment manager specializing in residential real estate, is relocating within Frankfurt to a revitalized existing building owned by the Becken Group. The recently concluded lease agreement is a green lease with a term of ten years. The move is expected to take place in the first half of 2024. INDUSTRIA will give up its current location in Bockenheim in the IBC at Theodor-Heuss-Allee 74. The rented space comprises 4,365 square meters.

Becken, a specialist in project development, revitalization, asset and investment management of commercial and residential properties, has concluded a long-term ten-year lease agreement with Ramboll for the "Fabrik Office" project development, for which it has entered into an equal joint venture with HanseMerkur Grundvermögen (HMG).

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, and the Evangelical Regional Association of Frankfurt and Offenbach will shortly be launching an international architectural competition for the Matthäus-Areal in Frankfurt am Main. In July 2020, Becken acquired part of the church property at Friedrich-Ebert-Anlage 33 and Hohenstaufenstrasse 30 and 32 from the Evangelical Regional Association. Since then, consultations have been underway with the City of Frankfurt regarding the future development and the preparation of a competition procedure.

Becken, a specialist in project development, revitalization, asset and investment management of commercial and residential properties, and HanseMerkur Grundvermögen AG (HMG) have celebrated the completion of the shell of their Munich "Fabrik Office" with the symbolic hoisting of the topping-out wreath. The joint venture between Becken and HMG is building the multi-tenant office property with a total of around 21,000 square meters of rental space in Munich's southern Obersendling district by the first quarter of 2024. The design by OLIV Architekten sets an urban accent on the corner of Steinerstrasse and Tölzer Strasse.

The real estate and investment company Becken, a specialist in the development, realization and long-term asset, sales and investment management of commercial and residential properties, is continuing its involvement in the Berlin real estate market with the purchase of the existing property "RingCenter III". The property is fully let to Galeria Karstadt Kaufhof. The four-storey property at Frankfurter Alle 113-117 comprises around 13,500 square meters of space. The seller is a Credit Suisse Asset Management fund.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential real estate, has fully let the new "ConneXion Office" office building in Hamburg. After Becken sold the property to the Austrian ERSTE Immobilien Kapitalanlagegesellschaft m.b.H in October 2022, the remaining 1,700 square meters of office space on the sixth floor have now been let to 4flow and EDF Renewables Deutschland GmbH. 4flow is a leading provider of logistics consulting, logistics software and 4PL services. In addition to the existing tenants LichtBlick SE (green electricity) and Vestas Deutschland (wind turbines), EDF Renewables Deutschland (wind energy and photovoltaics) is also focusing on the renewable energy sector.

At the end of March, Dominik Tenhumberg resigned from his position as Managing Director of Becken Development GmbH at his own request and, in agreement with Dieter Becken, left the Becken Group to pursue new challenges. After joining the company in 2013, he had been responsible for the management of Becken Development GmbH since 2016. He will be succeeded on April 1 by Jens Hogekamp, who has been Head of Asset Management at the Becken Group since 2017.

The real estate and investment company Becken has acquired the last 10.1 percent of shares in INDUSTRIA, the specialist for residential investments in Germany, making it the sole shareholder. Dieter Becken, Managing Partner of Becken Holding GmbH, comments: "The complete acquisition of INDUSTRIA completes our company's growth trajectory and was the next logical step after the acquisition of the majority stake in October 2021."

Rising interest rates and the sharp decline in investor interest as well as the ongoing uncertainty surrounding the trend towards remote working mean that fewer offices will be built in future and that the development sector as a whole is in a difficult economic situation. This was confirmed by Reinhold Knodel, CEO of Pandion AG; Roland Köppe, authorized signatory and Head of Acquisition & Project Development Berlin at Becken Development GmbH, and Fabio Carrozza, Managing Director of BF.real estate finance GmbH, at a press conference organized by RUECKERCONSULT in Berlin.

The long-lasting real estate boom of the past twelve years is over - in Hamburg as well as throughout Germany. Rising interest rates, high inflation, disrupted supply chains and increasing sustainability requirements pose enormous challenges for the real estate sector. Many market participants are unsettled, investors are becoming more risk averse and financiers are acting more cautiously. Nevertheless, the Hamburg office market is in robust shape. Stable prime rents, high take-up and low vacancy rates indicate that the office market in the Hanseatic city remains highly attractive.

Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, has acquired a nine-storey office building at Nymphenburger Strasse 112 in Munich. The notarization was completed in November 2022. The economic transfer of benefits and encumbrances took place at the end of 2022. The property, with around 11,600 square meters of rental space, has two basement floors and seven upper floors as well as a total of 104 parking spaces.

Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, acquired a residential and commercial building from abrdn Investments Deutschland AG on 30 November. The property was part of "WertFonds S", an open-ended special AIF managed by ACTEUM Investment GmbH. The property at Friedrichstrasse 19, 25980 Westerland/Sylt, is in a central downtown location in the middle of the shopping mile.

Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, celebrated the traditional laying of the foundation stone for the "CURVE" office project development in Düsseldorf on Wednesday afternoon, 16 November. The guest of honor at the laying of the foundation stone was Ulrike Lappeßen, Head of the Building Supervisory Office of the City of Düsseldorf. The new multi-tenant office property is currently being built in Düsseldorf's city center in the Friedrichstadt district.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, has recorded its first letting success in the 5,500 square metre office ensemble at Schreyerstraße 4-6 / Stresemannallee 13, 15-19, Frankfurt am Main. The lease was signed in August with the City of Frankfurt for around 1,000 square meters of office space. The part of the building located at Stresemannallee 13 has a term of five years

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, has sold the DGNB Gold and WiredScore Gold-certified new office building at Klostertor 1 in Hamburg to the Austrian company ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. as of 1 October 2022. The multi-tenant property has a usable area of around 17,000 square meters. Of this, around 13,700 square meters are let as office space and around 1,600 square meters as restaurant, sports and terrace space.

Where and under what conditions are there still attractive investment opportunities on the office and residential market in Germany and outside Germany in the current market environment? This is the central question of the three-country study published jointly by Becken, bulwiengesa and INDUSTRIA, which was presented today at a press conference at Expo Real. The residential market scoring compiled as part of the study lists Amsterdam, Munich and Frankfurt am Main at the top as the most attractive investment locations. In the office market scoring, Berlin, Munich and Amsterdam are at the top of the list.

On September 5, 2022, the Hamburg Founder Award was presented for the 21st time. The award recognizes companies and individuals in the categories of start-up, up-and-comer and life's work for their entrepreneurial initiative, courage and success. The ceremony to honor the entrepreneurs was hosted by Hamburger Sparkasse and the Hamburger Abendblatt together with partners from the Hamburg Chamber of Commerce, the Hamburg Chamber of Crafts, the Fischauktionshalle and Studio Hamburg and took place in front of over 600 guests.

BECKEN Invest, a company of the Hamburg-based Becken Group, has acquired the L4 office building on Lippestrasse in Düsseldorf's Medienhafen for its special real estate fund "Solid Office Fund I". The Article 8 office fund was launched in 2020 and focuses on sustainable and ESG-compliant office properties with a solid distribution. Despite the coronavirus pandemic and the market slump caused by the war, further investors have been brought on board in recent months. "We are focusing on solid and profitable office properties that can remain in our investors' portfolios in the long term because we will put them on the climate path and keep them there," says Prof. Dr. Michael Becken, Managing Director of BECKEN Invest GmbH.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, recently celebrated the laying of the foundation stone for the "Fabrik Office" in Munich. NanoTemper Technologies GmbH, the market leader for biophysical analysis devices and software, has now secured a third of the rental space as the first tenant. The lease for the new global headquarters was concluded for approx. 7,000 square meters and 16 years.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, celebrated the completion of the "Lincoln Offices II" office building yesterday afternoon at a pre-opening ceremony in Wiesbaden's Abraham Lincoln Park. The Lord Mayor of the state capital of Wiesbaden, Gert-Uwe Mende, praised the office building as a pioneering new construction.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, invited guests to the construction site of the future "Linc" Technology Campus in Stuttgart's Feuerbach district on 1 June. Under the motto Break-and-Create, the project developer's event offered plenty of information and entertainment, including live graffiti painting, food trucks and DJ music.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, celebrated the traditional laying of the foundation stone for the "Fabrik Office" in Munich on Tuesday afternoon, 24 May 2022. The new multi-tenant office property is currently being built in Munich's southern Obersendling district.

Becken, a specialist in project development, revitalization, asset and investment management for commercial and residential properties, celebrated the traditional topping-out ceremony at the "Hoch der Isar" construction site in the Au-Haidhausen district of Munich on Thursday afternoon. The guest of honor at the topping-out ceremony and representative of the City of Munich was Clemens Baumgärtner, Head of the Department of Labor and Economic Affairs of the City of Munich, who addressed the guests.

Becken, a specialist in project development, revitalization, asset and investment management of commercial and residential real estate, has concluded lease agreements with two Hamburg-based companies for the DGNB Gold and WiredScore Gold-certified new office building at Klostertor 1 in Hamburg: with Vestas Deutschland GmbH, a global provider of onshore and offshore wind energy solutions, in January 2022 for 10 years, and with the online marketing agency Finc3 in December 2021 for 5 years. Vestas has leased a total of around 5,150 square meters, Finc3 one floor with around 1,770 square meters of the office building, which has a total rental area of around 17,000 square meters.

The real estate and investment company Becken is continuing its Germany-wide expansion course and has reached one of the most significant milestones in the company's history by acquiring a majority stake in the residential real estate asset manager INDUSTRIA WOHNEN. As a specialist in project development, revitalization, asset and investment management for commercial and residential properties, Becken was also able to expand its project development pipeline to 15 projects in the 2021 financial year by acquiring four plots of land. This increased the total project volume to around 2.1 billion euros.

The Hamburg-based real estate company Becken has handed over the Berlin office and commercial building "NEO - Büro am Ku'damm" at Knesebeckstrasse 62 / 63 to HanseMerkur Grundvermögen AG as planned on December 31, 2021. The entire office space of around 8,500 square meters was let to the International Workplace Group (IWG) as a single tenant. IWG was able to move into its "Signature" co-working spaces as early as December 2021. "Signature" is an IWG brand for flexible workplace solutions.

Becken, a specialist in project development, revitalization and asset and investment management for commercial and residential properties, and HASPA PeB, an expert in individual financing options and project developments, have sold their Berlin property Am Borsigturm 130 to DIC Asset AG. The deal was completed at the end of 2021. DIC Asset AG acquired the property for a new infrastructure fund.

Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, has signed a 20-year lease agreement with Verbraucherzentrale Nordrhein-Westfalen e.V. for the CURVE office project development. Verbraucherzentrale has leased around 6,900 square meters of the CURVE office ensemble at Helmholtzstrasse 19, which has a total rental area of around 10,800 square meters.

The Hamburg-based real estate company Becken is increasing its involvement in the corporate business and has brought Accenture, a leading global consultant for strategy, management consulting, digitalization, technology, outsourcing and business transformation, to the planning table for a new office building. The common goal of Becken and Accenture Dienstleistungen GmbH: the development of a pioneering, innovative and sustainable new company location in Walldorf, a town in the south of the Rhine-Neckar district in Baden-Württemberg.

The owner-managed Hamburg real estate and investment company Becken has let the office building "Bei den Mühren 1" to the global company Regus, a member of the International Workplace Group (IWG), on a long-term lease for 16 years via its company BECKEN Invest. The office building is the launch property of the "Solid Office Fund I" (SOF I), an ESG real estate special fund approved by BaFin since June 2021, which implements ecological characteristics within the meaning of Article 8 of the Disclosure Regulation.

The Becken Group is further expanding its market position in the fund and residential segment in Germany. The Hamburg-based real estate and investment company has acquired a majority stake in INDUSTRIA WOHNEN, the specialist for residential investments in Germany, from Degussa Bank. Frankfurt-based INDUSTRIA WOHNEN manages a portfolio of 18,100 residential units, with assets under management in the residential sector totaling EUR 3.9 billion. INDUSTRIA WOHNEN holds around 1,500 apartments in its own portfolio.

The owner-managed Hamburg real estate and investment company Becken has returned initial capital to its investors via its company BECKEN Invest for the mezzanine debt fund REPE 1. To this end, a co-financed property in Hamburg was successfully realized. The return on the first project at investor level and after fund costs is over 20 percent Internal Rate of Return (IRR) per year.

The Hamburg-based real estate and investment company Becken and Grossmann & Berger GmbH, a real estate service provider for the sale and rental of residential and commercial properties, are participating in the second seed financing round of the start-up 202up GmbH, which has raised 1.1 million euros since its foundation. For Becken Beteiligungs GmbH, this is already the second financing round to support the real estate company. Grossmann & Berger has joined the provider of the digital salesroom for real estate "Realtydesk" as a new investor. Another investor is Dr. Benjamin Staude. He founded Architrave GmbH together with Maurice Grassau in 2012.

The nationwide real estate company Becken is establishing an equal joint venture with HanseMerkur Grundvermögen AG (HMG) for its Munich project development FABRIK. Becken is responsible for operational project development as well as letting and marketing. HMG is financing the project via the financing fund II and the investment fund I (Luxembourg RAIF). Deutsche Pfandbriefbank AG is acting as senior lender.

The Hamburg-based real estate and investment company Becken has appointed Jörn Stobbe (55) as Spokesman of the Management Board of Becken Holding GmbH. Stobbe has been a strategic advisor to the Becken family since January 2021. In his role as Spokesman of the Management Board, the trained banker, lawyer and experienced manager will act at the level of the holding company and will continue to drive the growth of the Becken Group.

Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, and HASPA PeB, an expert in individual financing options and project developments, have leased their Berlin property Am Borsigturm 130 to the Federal Agency for Real Estate (BImA) on a long-term basis for around 17 years.

The Hamburg real estate company Becken is constructing the ten-storey ConneXion Office building at Klostertor 1 on the 3,500 square meter triangular building site. In keeping with tradition, the topping-out wreath was hoisted today for the prestigious office building with 17,000 square meters of rental space in a prime inner-city location just 200 meters from the main railway station.

The real estate company Becken is further expanding its commitment in Berlin. At the end of July 2021, the real estate and investment company, which operates throughout Germany, acquired a developed plot of around 2,000 square meters from ASKA Germany GmbH An der Urania 16-18. The existing building, the former Hotel President, which was built in the 1960s, is to be demolished in order to make way for a new building.

The Hamburg-based real estate company Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, is building a three-storey residential and commercial building with 23 apartments, a retail space on the first floor and an underground car park with 39 parking spaces in a prime downtown location in Westerland (Sylt) at Wilhelmstrasse 2, adjacent to the pedestrian zone.

The real estate company Becken has joined the Kennedy Network of Madaster Germany, a platform as a central, global cadastre for materials, buildings and infrastructure. The platform aims to enable a circular economy in the construction and real estate industry.

The real estate company Becken has achieved a sales quota of 50 percent for its HOCH DER ISAR residential project development in the Au-Haidhausen district of Munich. Becken is building an ensemble of 13 individual residential buildings with a total of 185 high-quality condominiums on the approximately 9,000 square meter construction site at Hochstrasse 75 by the turn of the year 2022/2023.

The modern working world is more dependent than ever on a good internet and mobile phone connection. Accordingly, digital connectivity has become one of the key criteria for the quality of office buildings. The ConneXion Office takes this aspect into account and has been awarded WiredScore Gold certification for its outstanding connectivity.

The real estate company Becken is further expanding its investments in the residential sector. To this end, the project developer, which operates throughout Germany, acquired a 1,500 square meter plot of land in Frankfurt am Main in the centrally located district of Bockenheim from a private seller in December 2020.

The real estate company Becken was honored with the Immobilienmanager Award in the Investment category for its successful repositioning project "AREA 5.0 - Base for Business". "Becken Asset Management has succeeded in transforming an ageing office complex into an absolute top investment," was the verdict of the jury at the award ceremony.

The real estate company Becken is further expanding its value-add commitment in Germany. To this end, the real estate and investment company, which operates throughout Germany, acquired an ensemble of buildings in the north-west of the Sachenhausen district in Frankfurt am Main at the end of December 2020. The ensemble includes various existing buildings, including a historic villa built around 1900 and two extensions dating from 1980 and 2002. In total, the existing buildings have around 5,500 square meters of rental space and around 70 parking spaces.

The owner-managed Hamburg real estate and investment company Becken has acquired an approximately 20,000 square meter site with an office building in Hamburg's "City Nord" office location from the gas and oil company Wintershall Dea. The office property is located at Überseering 40 and has around 28,600 square meters of office space on nine floors as well as around 550 parking spaces in the two basement levels.

The German project developer Becken has contractually secured the sale of its Wiesbaden office project development "Lincoln Offices II" to a special fund of DIC Asset AG as part of a forward deal. Around 18,000 square meters of total rental space will be created on the approximately 13,000 square meter site at Abraham-Lincoln-Park 3 by summer 2022. The property is let to the state of Hesse on a long-term lease for 25 years.

The owner-managed Hamburg real estate and investment company Becken has acquired the office building "Bei den Mühren 1" as the launch property for its open-ended special AIF "Solid Office Fund I" (SOF I). The property is in a prominent inner-city location in Hamburg's Speicherstadt warehouse district and has around 2,900 square meters of rental space.

The Hamburg-based real estate company Becken has successfully sold the fully let Berlin project development "Neo Büro am Ku'damm" in Knesebeckstrasse. The nationwide specialist for the development and realization of commercial and residential properties concluded the contract for the sale of the office and commercial building as part of a forward deal with HanseMerkur Grundvermögen AG.

The owner-managed Hamburg real estate and investment company Becken is launching an open-ended special AIF for institutional investors and family offices via its investment company BECKEN Invest GmbH. The "Solid Office Fund I" (SOF I) invests in core office properties in prime locations in major German cities and their growth regions.

Stefan Spilker will resign from his position as Managing Director of Becken Holding GmbH at the turn of the year 2020/2021 at his own request and leave the Becken Group in agreement with Dieter Becken.

Munich's residential property market will remain tight in the coming years. A corona effect on the price development of residential property is therefore not discernible. The population of the Bavarian capital is set to grow to 1.59 million by 2025. Over the same period, Munich will need around 10,800 new residential units per year to meet the additional demand for living space.

The Hamburg-based real estate company Becken is selling its third project development in Hamburg-Wandsbek. The nationwide specialist for the development and realization of commercial and residential properties concluded the contract for the sale of "Yours" as part of a forward deal with HanseMerkur Grundvermögen AG. Construction work on the residential and commercial building in the Brauhausviertel began a year ago.

The real estate company Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, has sold the Hamburg office campus Area 5.0 at Deelbögenkamp 4 to the Austrian ERSTE Immobilien Kapitalanlagegesellschaft m.b.H.. Built in 1993 as a multi-tenant property, the office ensemble has a usable area of around 32,000 square meters.

Together with Clemens Baumgärtner, Head of the Department of Labor and Economic Affairs of the City of Munich, the real estate company Becken, which operates throughout Germany, today laid the foundation stone for its "Hoch der Isar" residential project development in the Au-Haidhausen district of Munich. An ensemble of 13 different buildings with a total of 185 high-quality condominiums will be built at Hochstrasse 75 by the turn of the year 2022/2023.

The Hamburg-based real estate company Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, is building a three-storey residential and commercial building with 23 apartments, a retail space on the first floor and an underground car park with 39 parking spaces in a prime downtown location in Westerland (Sylt) at Wilhelmstrasse 2, adjacent to the pedestrian zone.

The real estate company Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, is establishing the new Becken Retail division and appointing retail expert Marcus Neumann (51) as Managing Director of Becken Retail GmbH.

The Hamburg real estate company Becken is constructing the ten-storey ConneXion Office building at Klostertor 1 with a project volume of 114 million euros. The foundation stone was ceremoniously laid for the prestigious office building, built to the latest standards, in a prime inner-city location just 200 meters from the main railway station.

The owner-managed Hamburg-based real estate and investment company Becken has fully placed its first mezzanine debt fund REPE 1 via its company BECKEN Invest. The fund invests in Becken's office and residential project developments in major German cities. The first project development has already been sold and two thirds of the portfolio has been pre-let.

The real estate company Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, has secured the drugstore chain Rossmann as the future tenant of the 720 square meters of commercial space for its Wilhelm project development in Westerland.

The Evangelical Regional Association of Frankfurt and Offenbach has sold part of its property at Friedrich-Ebert-Anlage 33 and Hohenstaufenstrasse 30 and 32 in Frankfurt am Main to the Hamburg-based real estate company Becken, which operates throughout Germany.

Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, is planning to build an office complex with a total gross floor area of 11,260 square meters on part of the site of its existing property on the corner of Luisenstrasse and Helmholtzstrasse in Düsseldorf.

The real estate company Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, has signed a lease for a larger office unit in the Hamburg office ensemble "Area 5.0" at Deelbögenkamp 4 and is thus reporting full occupancy for a total of around 30,000 square meters of lettable space, 29,000 square meters of which is for office use.

The German real estate company Becken is further expanding its project business in southern Germany. At the end of February, the project developer, which operates throughout Germany, acquired a plot of around 10,000 square meters from the Flint Group in Stuttgart's Feuerbach-OST district.

Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, is further expanding its project development business in a central Hamburg city center location. To this end, Becken acquired a building plot of around 3,500 square meters in the Mitte district in November 2019, around a five-minute walk from the main train station.

The project developer Becken, which operates throughout Germany, has contractually secured the sale of its Offenbach project development "Unite Offices" to DIC Asset AG as part of a forward deal.

Becken, a specialist in the development and asset and investment management of commercial and residential real estate, has launched its third project development in Hamburg's Brauhaus district with the construction of the new "Yours" residential and commercial building.

The real estate company Becken
launches sales for its HOCH DER ISAR residential project development in the Au-Haidhausen
district of Au-Haidhausen. On the approximately 9,000 square meter construction site at
Hochstrasse 75, Becken is realizing an ensemble of 13 residential buildings with a total of
a total of 185 high-quality condominiums ranging in size from 30 to 330 square meters.
square meters.

Germany-wide project developer Becken has successfully completed its "ROMANPARK" residential development in Munich. The approximately 5,000 square meter park-like property at Romanstrasse 35 in Munich's Neuhausen-Nymphenburg district is home to 34 high-quality condominiums.

Becken remains on course for growth and continues to expand its project pipeline in the greater Frankfurt area. Becken has acquired a plot of around 13,000 square meters for the Lincoln Offices II project development.

Becken has concluded three new rental agreements for the Hamburg office ensemble "AREA 5.0" at Deelbögenkamp 4 for a total area of 14,625 square meters.

Becken is systematically expanding its project development business in Munich. In May 2019, Becken acquired a plot of around 5,200 square meters for an office project development at Steinerstrasse 11/corner of Tölzer Strasse 5 in Munich's Obersendling district.

Becken laid the foundation stone for the "Charlie Mills Quarter" residential project yesterday. The ceremony was attended by the partners involved in the project, the Bayerische Ärzteversorgung, whose business is managed by the Bayerische Versorgungskammer, as the future owner, as well as the head of the Wandsbek district authority, Thomas Ritzenhoff.

Becken has sold its Hamburg project development "Charlie Mills Quarter" to Bayerische Ärzteversorgung as part of a forward deal.

Becken launches a mezzanine debt fund for institutional investors and family offices via its investment company BECKEN Invest GmbH.

Becken installed a Board of Directors, which took up its duties in April 2019. The Board supervises and advises the management of the holding company and the three subsidiaries: Becken Development GmbH, Becken Asset Management GmbH and Becken Estates GmbH.

Becken celebrated the topping-out ceremony for the "Lincoln Offices I" office project yesterday in Wiesbaden together with representatives of the partners involved in the project and the future tenant, AXA Konzern AG.

Becken has signed a new lease with the main tenant of its Düsseldorf office property, the Jobcenter, until 2028.

Becken has concluded a long-term lease agreement with Insel Klinik Sylt until 2032. The contract with the mother and child clinic in Westerland, which was acquired in January 2017, has thus been extended by a further ten years three years before expiry.

In December 2018, Becken received awards for three of his Hamburg projects at the BDA Hamburg Architecture Prize 2018.

Becken creates the position of Managing Director for Finance for the first time and appoints Hauke Rahner as CFO of Becken Holding GmbH. At the same time, the project developer, which operates throughout Germany, establishes the new Becken Estates GmbH division and appoints Olaf Drossert as its Managing Director.

The German project developer Becken celebrated the topping-out ceremony for the "Infinity Office" project in Düsseldorf yesterday together with representatives of the partners involved in the project and the future anchor tenant Bankhaus Lampe.

Becken, together with the Lord Mayor of the City of Offenbach, Dr. Felix Schwenke, and representatives of the partners involved in the project, laid the foundation stone for the Offenbach office project development at Berliner Strasse 300 last week.

Two DGNB awards in the "Gold" class go to the Hamburg-based project developer Becken: The listed "Finnlandhaus", the current headquarters of the Becken Group, and the neighboring "Esplace" office building...

Real estate company Becken has sold its Wiesbaden project development "Lincoln Offices I" to HanseMerkur Grundvermögen AG, which will contribute the office property to one of its open-ended real estate special funds.

Becken has sold its "High Lines" project development in Frankfurt's Stiftstrasse to the project developer and asset manager Rock Capital Group from Grünwald.

The real estate company Becken, a specialist in the development, realization and long-term asset and investment management of commercial and residential properties, has acquired the Deelbögenkamp office complex in Hamburg from a joint venture of the financial investor publity AG.

The German project developer Becken has contractually secured the sale of its Düsseldorf project development "Infinity Office" to DIC Asset AG as part of a forward deal.

Becken today celebrated the topping-out ceremony for its new construction project "ROMANPARK" together with Mechthilde Wittmann, member of the CSU state parliament. Becken is building a total of 34 high-quality condominiums in the Neuhausen-Nymphenburg district.

Becken is creating this position for the first time after more than four decades of business activity, as future growth and the increasing complexity of regulatory requirements require further professionalization in the legal area.

Together with representatives of the partners involved in the project and the future anchor tenant Bankhaus Lampe, Becken yesterday ceremoniously laid the foundation stone for the "Infinity Office" in Düsseldorf's Schwannstrasse.

At the end of December 2017, Becken acquired a construction site of around 9,000 square meters in Munich's Hochstrasse, in the Au-Haidhausen district.