Kiel: Deutsche Immobilien sells hotel project to Ten Brinke

08/06/2018

Deutsche Immobilien Entwicklungs GmbH has sold its “Bootshafen” project for two hotels and two residential buildings in Kiel to the Dutch company Ten Brinke Group. Ten Brinke intends to begin construction on the 25,000+ sqm GFA site in the fall, with finalization by the end of 2020. The investment volume is currently estimated at €70mn. Deutsche Immobilien has been promoting development of the property, formerly a market hall and C&A department store building, since 2015, including the launch of an urban planning competition. The Success Hotel Group has signed leases for the two hotels.


TD Premium

Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.

TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.