Hochtief sells mixed-use project in Leipzig

German developer Hochtief Solutions has sold the Trias office and commercial building in Leipzig to life assurance company DEVK Allgemeine Lebensversicherungs. The financial details were not disclosed.

The property comprises a rental area of 6,330 m². It is due for completion during the first quarter of 2014 and will be handed over to the tenants in March 2014.

Trias will be built as a high-rise with eight regular floors, three tower levels, and 28 underground parking spaces, on a triangular lot of around 900 m² on the intersection of Martin-Luther-Ring and Markgrafenstrasse. Almost 35% of the building's rental area has already been let.

The project is designed to meet the criteria for silver certification from the German Sustainable Building Council (DGNB).