Augsburg-based real estate investor buys factory premises

Augsburg-based real estate investor buys factory premises

For 34 years the Japanese technology group Fujitsu had been producing computers in Augsburg. Most recently, desktop PCs and servers were manufactured here. In October 2018, the group announced the closure of the Augsburg plant, affecting 1,400 jobs. The closure of the site lasted until the fall of this year. Now a buyer for the factory premises has been found – Walter Beteiligungen und Immobilien AG, an Augsburg-based investment company. This article is based on the unique List of the 400 largest German real estate investors in Germany.

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Computerfabrik becomes Technology Campus Augsburg

The “Technology Campus Augsburg” is to be built on the approximately 180,000 square meter site in the future. The property offers the best infrastructure for this – several halls with a total area of around 100,000 square meters, 22,000 square meters of office space, a computer center and 1,600 parking spaces. The site is conveniently located in the south of the city with access to the Augsburg B17 highway and opposite the WWK Arena. With the planned conversion into a technology park, the investor will have a virtually seamless connection to the previous use. The campus wants to offer innovative start-ups the opportunity for research, development and production “under one roof” and thus make Augsburg an innovation centre and a centre of attraction for future-oriented business models.

Walter Beteiligungen und Immobilien AG has been in existence since 1993, when it was founded by the building contractor Ignaz Walter as a family holding company for asset management. The company’s investment activities have two main focuses: Expansion and further development of its own real estate portfolio with project developments as an increasing focus and private equity investments – preferably in industrial, service and IT companies with a focus on digitalization. With the creation of the Technology Campus Augsburg, both orientations can be served. Furthermore, an US investor recently invested in FC Augsburg.
Source: b4bschwaben Picture source: Unsplash

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