Freiburg: Unmüssig buys Smart Green Tower for €20mn
Frey Architekten is selling the Smart Green Tower shell in Freiburg for €20mn to the property developer Unmüssig. The sale, which had been hinted at in February, has now been finalized. In an interview with TD, Hans-Peter Unmüßig said that the original mix of residential and commercial space in the 15,000 sqm GFA property would be maintained. The company will also carry out construction of the planned large-scale photovoltaic system. The next step is to prepare the planning for the building services. Unmüßig expects that the currently dormant construction work on the project site, located at the entrance of Güterbahnhof quarter, will be resumed in 6 months. A total investment volume of €50mn is anticipated.
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