• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TA Europe

  • Home
  • About
    • TA Europe
    • Team
    • Resources
    • in the Press
  • Real Estate
    • Technical Due Diligence
    • Portfolio Due Diligence
    • Project & Cost Management
    • Cost & Profitability
    • Technical Asset Management
    • Real Estate Investment Scouting
    • ESG Services
    • Asset Classes
      • Healthcare
      • Hotels
      • Logistics
      • Office Buildings
      • Retail
    • Real Estate Projects
  • Infrastructure
    • PPP/Lenders Technical Advice
    • Transactions
    • Lifecycle Management
    • Cost & Profitability
    • Highways
    • Social Infrastructure
      • schools
      • Prisons
    • Project Experience Infrastructure
  • Global Map
  • News
    • Blog
    • Instagram
  • Careers
  • Contact
You are here: Home / Real Estate / Technical Due Diligence of a listed green building at Essen’s Bismarkplatz

Technical Due Diligence of a listed green building at Essen’s Bismarkplatz

March 30, 2017

TA Europe successfully completed the technical consulting for Art-Invest Real Estate at a listed office building in the center of Essen. It is the historic former service building of the Railway Directorate of the Ruhr Area, built in 1895. After the core demolition, the object was certified with LEED Gold as an ecological high-performance building

Deutsche Bank hires and uses the building, which is equipped with state-of-the-art technologies and has an area of approximately 18,000 m2, as an office with flexible workplaces. In addition, there are 300 parking spaces available to the employees, which, however, also have an excellent transport connection to public transport thanks to the central location of the property. Combined with an above-average building substance and flexibility, the building promises a long-term increase in value.

> Read our ‘TA EUROPE AS TRUSTED TDD PARTNER IN BENELUX’ article here

TA Europe has made the following single performances:

  • Assessment of the existing building fabric including the technical building equipment
  • Presentation of the risks identified in the course of technical due diligence
  • List of the damages and assessment of the repair / renovation costs found in the course of the technical due diligence in a CAPEX table with the following classification: immediately (year 1) / year 2-5 / year 6-10 with a corresponding description of the measures and photo documentation
  • Check the inventory documents and reconcile them with the building permit
  • Examination of the risk of contamination (documentary evidence without material analysis)
  • Examination of the pollutant risks (only documentary evidence without material analysis)
  • carrying out a data space search in relation to abnormalities; List of documents; Details of missing and still available documents

Added value / comment

TA Europe contributed significantly to the successful completion of the deal, as we were active as advisors for both contracting parties. Within the scope of the Technical Due Diligence, partial technical risks were identified that were not yet known. On the one hand, this was an added value for the customer for the negotiations, and on the other hand an uncomplicated technical solution to the risks was needed by both parties. As a result, TA Europe was able to act intermediately between the lots, and in the end also achieved added value for the seller.

For TA Europe, it is important that our customers realize their promised deals and that there are no technical risks to counter the deal. We therefore always try to find an acceptable result for all contract parties so that the deal can be finally finalized.

 

Project data:

Client: Art-Invest Real Estate

Period of performance: 2016

Useful area: 18,000 sqm

Please share

Filed Under: Germany, Office Buildings, Real Estate, TDD

Primary Sidebar

TA EUROPE NEWS

Please click on the categories below to read latest articles and news.

TA Europe Real Estate

  • Technical Due Diligence
  • Portfolio Due Diligence
  • Project & Cost Management
  • Cost & Profitability
  • Technical Asset Management
  • Real Estate Investment Scouting
  • ESG Services

TA Europe Infrastructure

  • PPP/Lenders Technical Advice
  • Transactions
  • Lifecycle Management
  • Cost & Profitability
  • Highways
  • Schools
  • Prisons

Footer

TA Europe | Essen office

Ruhrstr. 53
45219 Essen
Germany

t: +49 (0)2054 80 02 30
e: office@taeurope.com

Click to Call

TA Europe | Düsseldorf office

Girardet House, Königsallee 27
40212 Düsseldorf
Germany

t: +49 (0)211 23855 210
e: office@taeurope.com

Click to Call

TA Europe | Frankfurt office

Gervinusstraße 17
60322 Frankfurt am Main
Germany

t: +49 (0)2054 80 02 30
e: office@taeurope.com

Click to Call

TA Europe | Berlin office

Rosenstraße 2
10178 Berlin
Germany

t: +49 (0)30 243 102 – 622
e: office@taeurope.com

Click to Call

TA Europe | Brussels office

Rue Joseph Stevensstraat 7
1000 Brussels
Belgium

t: +32 (0)477 27 33 97
e: office@taeurope.com

Click to Call

TA Europe | Munich office

Isarwinkel 8
81379 Munich
Germany

t: +49 (0)89 69 31 29 30
e: office@taeurope.com

Click to Call

TA Europe | Madrid office

Paseo de la Castellana 135, 7ª planta
28046 Madrid
Spain

t: +34 (0) 61 69 72 656
e: office@taeurope.com

Click to Call

Copyright © 2017-23 · Disclaimer · Privacy Policy

Copyright © 2017-23 · Disclaimer · Privacy Policy