Wednesday, 10 December 2025
Catella Investment Management GmbH (CIM) has purchased two residential development projects within the Liesel Quartier in Göttingen for an individual mandate. The seller is WERTGRUND Wohnpartner GmbH, a joint venture between Wertgrund Immobilien AG and Bautra GmbH, which is also developing the wider neighbourhood.
The Liesel Quartier is located on the former Gothaer Versicherung site in southern Göttingen at Wörthstraße / Breslauer Straße. The masterplan provides for around 570 apartments across approximately 44,000 sqm of living space, with around 40% of units subsidised or rent-controlled. Construction is scheduled to begin in December 2025, with completion expected in 2027.
CIM’s acquisition covers buildings H40 and H50, comprising 118 privately financed apartments ranging from 41 to 86 sqm and totalling 7,810 sqm of rental space. Most units include a terrace or loggia and are planned with parquet flooring, underfloor heating and higher-spec interior finishes. A daycare centre of around 1,100 sqm is planned within building H40. Architecture is by Max Dudler.
Michael Keune, Managing Director of CIM, said: “With the acquisition in the Liesel Quartier, we are expanding our presence in the German residential segment as part of an individual mandate, specifically adding a location in a strong mid-sized city. The two new buildings in Göttingen are an excellent addition to the existing portfolio and strengthen its regional and structural diversification. At the same time, we are investing in a project that successfully combines ecological responsibility, social diversity, and architectural quality.”
The five-storey buildings are planned to meet the German Efficiency House 40 Standard and will be connected to the Stadtwerke Göttingen district heating network. An underground garage will include 49 parking spaces, supplemented by nine outdoor spaces—five of which are designated for car sharing. Bike parking, e-bike charging stations and largely car-free courtyard areas form part of the mobility concept.
Benjamin Rüther, Head of Fund Management Residential at CIM, commented: “Göttingen is increasingly developing into a dynamic residential and science hub with a high quality of life. As a result, the growing demand for high-quality but also affordable homes needs to be addressed. The Liesel Quartier shows how this can be achieved. It combines energy-efficient construction with social diversity and a modern mobility concept.”
Thomas Meyer, CEO and co-founder of Wertgrund Immobilien AG, added: “At Wertgrund, we are committed to realising our properties in accordance with high quality standards and creating genuine added value for society, the environment and investors alike. We are therefore delighted with the sale of two further sections of our project development in Göttingen and would like to thank Catella for the collegial and smooth execution of the transaction.”
The site is located between the districts of Geismar, Südstadt and Lohberg, with quick access to the city centre, Göttingen’s main station and Georg August University. Local services include shops, restaurants, schools, daycare centres and medical facilities. Enclosed block structures and internal green courtyards are planned to support quieter residential areas despite the central location.
