DGAP-News: Peach Property Group Ltd: foundation stone laid for second construction phase at Harvestehuder Weg 36, Hamburg
(firmenpresse) - EquityStory AG-News: Peach Property Group AG / Key word(s): Real
Estate
Peach Property Group Ltd: foundation stone laid for second
construction phase at Harvestehuder Weg 36, Hamburg
10.05.2012 / 07:01
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Foundation stone laid for second construction phase at Harvestehuder Weg
36, Hamburg: Peach Property Group development moves to superstructure
Zurich, Switzerland/Hamburg, Germany, 10 May 2012 - Immediately after
completing the apartments comprising the first construction phase at
Harvestehuder Weg 36, the foundation stone is being laid today for the
residences of the second construction phase. Swiss developer Peach Property
Group is building 57 exclusive private apartments at a unique location on
the shores of Hamburg's Outer Alster Lake. The five residences are
scheduled for completion in the summer of 2013. Prospective purchasers are
already able to visit the new show apartment to admire for themselves the
style and quality they can expect from this exceptional development.
Consisting of two developments at Harvestehuder Weg 36 and Alsterkamp 43,
the site offers an incomparable setting on the Outer Alster in a
traditional Hamburg villa neighbourhood. Distributed amongst five newly
erected residences are 57 apartments with floor areas ranging between 65
and 320 m2. The buildings at Harvestehuder Weg 36 are a new interpretation
of the classic white Alster villa, with its clear lines, generously
proportioned glazing and staggered terraces.
'We are delighted to be drawing such a positive response with our
development here in Hamburg,' says Bernd Hasse, Managing Director of Peach
Property Group (Deutschland) GmbH: 'Having completed the residences on
Alsterkamp so quickly, we are starting work on the superstructure at
Harvestehuder Weg with the second phase of the development, and planning to
hand over the keys to the new owners of all the apartments as early as
2013.'
The on-site amenities for residents will include a gym and spa facility, as
well as 121 underground parking spaces, some with direct lift access to the
apartments. Ceiling heights are a generous 3 metres, rising to 3.20 metres
on the ground and staggered storeys. Two tower rooms even offer 4 metres of
headroom. The apartments are on the market at prices starting at around
7400 Euro/m2. Peach Property is envisaging the sales volume at
Harvestehuder Weg 36 to amount to EUR 88 million.
According to an independent study, Peach Property Group is the
second-largest developer of luxury dwellings in Germany. The Group recently
laid the foundation stone for its yoo berlin development, a luxury
development of apartments occupying a unique location on the banks of the
River Spree in the centre of Berlin. The development, a Peach Property
Group venture involving input from designer Philippe Starck, consists of 95
private apartments including penthouses, town houses and suites. All 76
premier apartments in Peach Property's Living 106 development, an ensemble
of buildings not far from the new BND development on Berlin's
Chausseestrasse, found buyers on completion. The Group also has a presence
in Austria with its Schooren des Alpes development: located in the Tyrol,
Kappl bei Ischgl is one of the Alps' top winter sports destinations - this
is where 12 luxury dwellings are currently being built offering floor areas
of between 133 m2 and 246 m2. The Group's biggest development at this
moment in time is Peninsula, a 30,000 m2 site on the shores of Lake Zurich
in Switzerland. The first foundation stone for the exclusive Peninsula
Beach House was laid recently.
For more information please visit:
Harvestehuder Weg 36 www.harvestehuderweg36.de
Press contact for Harvestehuder Weg 36:
Koopmann.kommunikation | Hans Peter Koopmann
Telephone +49 171-45 77 889 | post(at)koopmannkommunikation.de
Press contact for Peach Property Group AG:
Barino Consulting | Siro Barino
Telephone +41 79 335 24 24 | info(at)barino.ch
Other Peach projects
Switzerland:
Peninsula www.waedenswil-peninsula.ch
Peninsula Beach House www.beach-house.ch
Germany:
yoo inspired by Starck, Berlin www.yooberlin.com
Austria:
Schooren des Alpes www.elevated-living.at
About Peach Property Group
Peach Property Group AG is a leading developer in the field of top-quality
residential property in the German-speaking region of Europe. Its
activities cover the entire prime property development value chain, from
site evaluation to project planning, implementation and marketing.
Properties developed by Peach Property Group AG are located on exceptional
sites in or near city centres and holiday resorts. Premier amenities meet
the requirements of a demanding clientele. The company's integrated
corporate strategy includes not only the development of high-quality
residential properties, but also the management of investment properties
for the purpose of generating consistent annual revenues.
Peach Property Group AG is headquartered in Zurich and also has a branch
office in Cologne. Peach Property Group AG is listed on SIX Swiss Exchange
(PEAN, ISIN CH0118530366).
Visit www.peachestates.com for more information.
End of Corporate News
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10.05.2012 News transmitted by EquityStory AG.
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Language: English
Company: Peach Property Group AG
Seestrasse 346
8038 Zürich
Switzerland
Phone: +41 44 485 50 00
Fax: +41 44 485 50 11
E-mail: investors(at)peachestates.com
Internet: www.peachestates.com
ISIN: CH0118530366
Swiss Security Number: A1C8PJ
Listed: Freiverkehr in Berlin, Stuttgart; Open Market
in Frankfurt; SIX
End of News EquityStory AG News-Service
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169034 10.05.2012
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Unternehmensinformation / Kurzprofil:
Datum: 10.05.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 144798
Anzahl Zeichen: 12520
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Kategorie:
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