ESSEN, GERMANY-A joint venture between HOCHTIEF Projektentwicklung and Bauwens Development has sold an office structure in the 'grune Mitte' (green center) University district in Essen. Hannover Leasing has bought the 155,000-square-foot building for a closed real estate fund.
AOK Rheinland/Hamburg, a health insurer, had leased the entire space to house its regional headquarters even before starting construction. Works are currently underway on a 76,961-square-foot site for an office building comprising roughly 197,517 square feet of space. For the full story, go to Europe Real Estate .
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