Hamburg: Evoreal building apartments in Rothenburgsort
Evoreal has acquired another housing construction project in Hamburg. Instead of the former buildings of steel company Albert Mundt on Marckmannstraße in Rothenburgsort, the firm is planning 20,000 sqm GFA for 175 apartments and 5,000 sqm commercial space. The project is part of the quarter development Quero with 500 student apartments and 485 units in multi-story apartment buildings. Deutsche Immobilien and Saga are also involved in the project. Evoreal is taking over the eastern section between Billhorner Kanalstraße, Köhnerstraße, and Marckmannstraße. Managing Director Marius Marschall von Bieberstein is expecting construction to start in May 2020 and take two years. Target group for the condominiums and subsidized rental units are young families and new residents attracted by the Elbe riverbank.
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