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Austrian Firm Buys Former DDR Sea Platform Ostervilm for €60,000

The buyer has floated converting the dilapidated 250 m² former NVA demagnetization platform into a cultural and events venue without announcing firm plans or timelines.

Overview

  • An auction in Hamburg ended with the artificial Ostsee platform Ostervilm selling for €60,000 after about 20 bids and a starting price of €39,000.
  • The purchaser is McCube, an Austrian modular-construction firm whose CEO Oliver Pesendorfer said he could imagine using the platform for culture, events and weddings but gave no concrete redevelopment schedule.
  • Auctioneers reported unusually strong public interest, with the Norddeutsche Grundstücksauktionen AG saying it received dozens to likely several hundred inquiries in the run-up to the sale.
  • Sources describe the 250 m² platform as dilapidated and in need of substantial repair and safety work, and the buyer purchased the structure on piles rather than any seabed rights, leaving permits and ownership of the seabed unresolved.
  • Built in the 1950s as an entmagnetization station for the DDR’s National People’s Army, Ostervilm sits in the Greifswalder Bodden between the Reddevitz peninsula and the island Vilm and will require regulatory approval, engineering work and environmental review before any public use can begin.