BERLIN


NEWPORT introduces the Huthmacher House to the District Development Ordinance (BVV) in Charlottenburg-Wilmersdorf, Berlin.

WINTERTHUR


In Winterthur, the demolition work of the old print office starts in October. The building construction runs parallel, so that the building construction could already be partially begun. Before the start of the demolition phase, we started this project with a 100% pre-letting rate in the retail sector.

SOUTH DOWNTOWN ATLANTA


In South Downtown Atlanta, demolition work has begun on two historic buildings lining the city’s iconic Peachtree Street. The demolition has exposed layers of history and original building elements dating back to the early 1900’s. The local team is excited to continue restoration and turn the lights back on in these buildings mid 2019.

News.

LUCERNE


The construction of our unique project in Lucerne is identical in time to our project in Winterthur. We have successfully passed the demolition phase and are now beginning to build.

GENEVA


NEWPORT acquires a property in Geneva at 86 Rue du Rhône. The corner property stands out due to its excellent location and visibility. Its high-quality retail tenants cater largely to the luxury sector. Modernization of technical building systems and building services engineering is planned for the medium term.

NEWPORT sells “Alster 10” portfolio


Following successful restructuring and re-leasing, this portfolio of existing specialty retail centers in ten locations was sold to PATRIZA Immobilien AG and changed hands at the end of December. Thanks to its well-established locations (nine out of ten in western Germany) and solid anchor tenants such as Kaufland, Rewe, Edeka and real,- SB, the portfolio promises a stable long-term return on investment. Moreover, at the Krefeld location, real,-SB successfully realized its new flagship store with a “Food Lovers” concept. The real estate team at the Hamburg-based law firm Möhrle Happ Luther acted for NEWPORT during the transaction. Wrangel Real Estate, with offices in Grünwald, negotiated the sale. NEWPORT invests exclusively in commercial property in top inner-city locations and in specialty retail centers. Investment is focused chiefly on Germany, Switzerland and the USA.