ATLANTA


The revitalization of South Downtown’s historic 222 Mitchell Street has new momentum. Newport is releasing details today of its plan to move forward with the $100 million project, the centerpiece of its sweeping South Downtown redevelopment.

BILLHORNER DEICH


NEWPORT acquired a building complex on Billhorner Deich 94-96. The investment comprises a 12,000 sqm-sized commercial complex in Rothenburgsort which includes three separate buildings. The latter will be restructured and mordernized within the next 24 months.

Atlanta


NEWPORT led a media tour to local Atlanta news outlets for a behind the scenes look at our buildings before renovations to Historic Hotel Row begins.

ATLANTA


NEWPORT launched Pop Up Row to give a glimpse into the future of Mitchell street for the redevelopment of South Downtown Atlanta. Eight local businesses bring new offerings to the neighborhood and are open through August 2019.

[Translate to EN:]

News.

WINTERTHUR


In Winterthur, the simultaneous demolition of the old structure and construction of the new building commenced in October. This project was 100% pre-leased prior to the start of construction.

LUCERNE


The construction of our unique project in Lucerne coincides with our project in Winterthur. We have successfully completed the demolition phase and are now beginning construction.

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, a portfolio of ten existing specialty retail centers was sold to PATRIZIA Immobilien AG, with the final closing in 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.