TD News International: 17/03/2017

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Mipim Awards: Berlin’s “li01” is “Best Residential Development”

17/03/2017 At this year’s 27th “Mipim Awards”, a German project was among the winners: The residential project “li01” developed by SmartHoming in Berlin-Friedrichshain took first place in the category “Best Residential Development”. The complex consisting of six buildings contains 143 apartments and was designed according to drafts by zanderrotharchitekten. The Siemens headquarters building in Munich, which [...]

Hamburg: Azure sells Radisson Blu to Wenaasgruppen

17/03/2017 Azure Hotels has sold the Radisson Blu Hotel near the Dammtor station in Hamburg to the Norwegian Wenaasgruppen. The family business already owns four German hotels with 1,522 rooms in Berlin (two properties), Frankfurt, and Düsseldorf, among them the Scandic Hotel on Potsdamer Platz. Europe-wide, the Scandinavians hold 24 hotels. Azure had sold the Radisson [...]

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Irish apartment chain Staycity starts first German project

17/03/2017 The Irish serviced apartments chain Staycity is gearing up to enter the German market. The first project is to start soon in Berlin; contracts have just been signed, as Markus Beike, the new Development Director Germany & CEE, told TD. Staycity operates 3,000 serviced apartments in the UK, Ireland, and France. By 2022, the company [...]

Düsseldorf: CG Group plans mixed quarter on “Mörsenbroicher Ei”

17/03/2017 The CG Group has now purchased the 2.3 ha lot at Mercedesstraße 3 on the “Mörsenbroicher Ei” in Düsseldorf and is focusing its plans for the site. The “Upper Nord Quarter” with up to nine buildings will be developed according to drafts by architecture firms Astoc from Cologne and Weltner Louvieaux from Berlin. The complex [...]

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Düsseldorf: ABG and Bema plan 16,300 sqm GFA in Airport City

17/03/2017 A joint venture of Bema Group and ABG Group is planning an office project with around 16,300 sqm GFA in Düsseldorf’s “Airport City”. The location for the two building ensemble is a 9,850 sqm lot on Klaus-Bungert-Straße. Plans for the project were drafted by SOP Architekten. Bema anticipates receiving the building permit this summer, so [...]

Trei Real Estate expands residential portfolio – new projects in Berlin

17/03/2017 Tengelmann subsidiary Trei Real Estate, who originally focused purely on commercial property, is planning to accelerate the development of its new residential property business unit: By 2020, residential assets should make up about 40 % of the total portfolio, the Mülheim-based company announced upon opening its first student apartment complex in Cologne. Trei is currently [...]