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Transaction··1 min read

Deutsche Pfandbriefbank finances new Essen Police Headquarters

Deutsche Pfandbriefbank AG is providing die developer Projektentwicklung GmbH with €127 million in financing for the new police headquarters in Essen.

AI generatedDeutsche Pfandbriefbank finances new Essen Police Headquarters – AI-generated illustrative image
Deutsche Pfandbriefbank finances new Essen Police Headquarters. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Deutsche Pfandbriefbank AG (pbb) has provided die developer Projektentwicklung GmbH with €127 million in financing. These funds are designated for the realisation of the new police headquarters in Essen. With the conclusion of the tender process, detailed planning for this major project in Essen's Bredeney district can now begin.

The project encompasses a property with a total area of approximately 24,000 square metres. This area will be leased long-term by the State of North Rhine-Westphalia, represented by the Essen Police. The property, originally used as a multi-tenant building, will undergo extensive modernisation and conversion until mid-2029 to meet the specific requirements of the future user, the Essen Police Headquarters. The demolition of the existing building is imminent.

Strategic Partnership and Comprehensive Utilisation

Gerhard Meitinger, Head of Real Estate Finance Germany at Deutsche Pfandbriefbank AG, commented on the transaction, emphasising the long-standing and excellent business partnership with the die developer group. He stated that they were delighted to be able to support the group with this latest and particular project.

The new police headquarters in Bredeney Business Park will house numerous departments and divisions. All employees from the historic police headquarters on Büscherstraße in Essen will relocate. This includes the head of authority and police administration, as well as several departments from the Criminality and Danger Prevention/Operations directorates. The State Security Department and parts of the Traffic directorate will also be moved to the new location.

  • Head of authority and police administration
  • Departments of the Criminality and Danger Prevention/Operations directorates
  • State Security Department
  • Parts of the Traffic directorate

According to a press release from the Essen Police, a Forensic Investigation Unit (KTU) will be established in the new complex. This facility is based on the model specified by the State Criminal Police Office (LKA). It will feature its own vehicle inspection hall and nearly 700 square metres of laboratory and investigation space. The planning and realisation of the project thus consider both administrative and specialised technical requirements for the police sector.

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