Bayer sells the civil service colony to an investor

149 residential units and the old Wiesdorf train station go to an investor
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Official Colony: A Bayer Era Ends With Sales

The group is selling its remaining properties near Chempark. The old Wiesdorf train station and adjacent properties are also being sold.

Does the name stay? After all, some people from Leverkusen still say Südring when they talk about the Willy-Brandt-Ring, or Dopatka-Halle when they mean the Ostermann Arena. So it could well be that Bayer’s civil servants’ colony will remain what it is, namely Bayer’s civil servants’ colony. Except it won’t be from Bayer soon.

The company has sold the historic settlement in Wiesdorf on the B 8 opposite the entrance to the Kaiser-Wilhelm-Allee and some adjacent buildings and land to the Emil’s group of companies. This is a real estate investor based in Bergisch Gladbach. Bayer doesn’t say how much he puts on the table for the beautiful old villas and gardens. Only: “The transaction should be completed by the end of the year. The sale will take place in close consultation with the municipality of Leverkusen and will provide the current apartment tenants with extensive guarantees.”

Residents of the settlement were slightly surprised on Friday afternoon: “There is a sales pitch going around. But it’s new to me that it’s time,” said one resident. She probably learned more later from a disk Bayer placed in the colony’s mailboxes that afternoon as direct mail.

According to Bayer, the real estate portfolio that the investor acquires includes the civil servants’ colony with 149 residential units, “the adjacent properties with the vacant building of the former Sparkasse Leverkusen and the historic high-rise bunker on the corner of Carl-Duisberg- and Philipp-Ott-Straße and the construction of the former Wiesdorf train station on Rudolf-Mann-Platz”, the group announced. The building on which the former savings bank building stands, is being developed together with the high-rise bunker for new business purposes.

“Even after the sale, the civil servants’ colony will continue to exist for employees of Chempark partners and other companies in the immediate vicinity and their family members,” assures Ulrich Waschke of Bayer Corporate Real Estate Germany. “The new owner will invest in preserving the property and implement the necessary modernization measures. A later conversion of the rental apartments into apartments is contractually excluded in the long term.”

In a sense, this marks the end of an era: the Civil Service Colony, a Grade I listed building, was built between 1895 and 1925 for employees of the Bayer factory. Today, the historic settlement is often the destination of guided tours.

20 years ago, the Bayer Group sold most of its commercial housing stock of more than 9,500 apartments to a housing company. With the official settlement, the company says goodbye to its remaining homes directly on the Chempark.

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