Kiel: Dream Global prepares Post site for 800 apartments


Dream Global REIT from Canada is preparing the redevelopment of another inner-city area, which it acquired as part of the Deutsche Post portfolio 2011: 600 to 800 apartments are to be built on the 5-hectare Posthof site in the Gaarden district of Kiel. A concept created by Planquadrat, which is currently being presented to the local advisory council, includes a five to seven-story building and also a 15-storey building. Although local politicians unanimously welcomed the plans for the residential buildings, the high-rise proposal was received with scepticism. The lease with the Post on the site between Werftstraße, Karlstal and Schulstraße continues until mid 2018.

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