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LEG Immobilien is selling the approximately 193,000-square-meter Glasmacherviertel site in Düsseldorf-Gerresheim to a joint venture of Hines and Vastint. Development of 1,600 to 1,800 homes is planned on the former industrial site.
LEG Immobilien agreed to sell the Glasmacherviertel site in Düsseldorf-Gerresheim to a Hines-Vastint joint venture. Deal covers a 193,000-square-meter former industrial site acquired in early 2025 via the Brack Capital Properties takeover. Buyers plan 1,600 to 1,800 homes, supported by about 210,000 square meters of gr