DGAP-News: IMMOFINANZ Group to develop plus-energy building: presentation of Casa Stupenda in Germany
(firmenpresse) - DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate
IMMOFINANZ Group to develop plus-energy building: presentation of Casa
Stupenda in Germany
06.12.2012 / 11:13
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With the Casa Stupenda, a pioneering plus-energy house is under
construction in Duesseldorf's MediaHarbor. This project is being developed
and realised by IMMOFINANZ Group in an 80:20 joint venture with the
Duesseldorf project developer capricorn DEVELOPMENT. Star architect Renzo
Piano will be responsible for the design of the buildings. The outstanding
construction costs total approx. EUR 100 million, and completion is
scheduled for 2015.
The Casa Stupenda is a prime office building that offers approx. 28,000 sqm
of rentable office space as well as approx. 3,500 sqm for retailers and 480
underground parking spaces. Here is sustainability the overriding goal: the
Casa Stupenda not only covers its own energy requirements, but also
generates surplus energy that is fed into the public grid. The energy
generated and used in this project comes exclusively from renewable
sources: a unique concept that benefits the immediate environment and -
through optimised operating costs - tenants as well.
'The Casa Stupenda in Duesseldorf represents the realisation of a very
ambitious goal: a building that is neutral with respect to external energy
suppliers and also capable of supplying energy externally. This project
sets new standards not only for the MediaHarbor, but also far beyond. It
underscores our strategic focus as a modern and trendsetting real estate
company in Europe', commented Eduard Zehetner, CEO of IMMOFINANZ Group.
'Actually, a building harmonises with only one location', emphasised
Robertino Wild, Managing Director of capricorn DEVELOPMENT GmbH, on the
perfect coordination between the building and its environment.
Seven buildings, one ensemble - architecture with a focus on integration
The Casa Stupenda comprises seven individual buildings that are combined
into an ensemble and allow for flexible use. With this project, architect
Renzo Piano is once again demonstrating his expertise and creative ability.
The Casa Stupenda is only the latest in a number of reference projects: the
work by this Pritzker prize winner ranges from the Centre Pompidou to
Europe's highest skyscraper in London.
However, Renzo Piano is not only interested in superlatives. His goal is to
integrate projects smoothly into their environment and to create optical
reference points. The Casa Stupenda is located close to the Rhine and the
old city in the midst of Duesseldorf's MediaHarbor with its diverse, in
part spectacular structures. It is not easy to stand out in this area - but
Piano has been able to create an optical highlight that fits perfectly with
the harbour's architecture and sets a unique accent.
IMMOFINANZ Group and capricorn DEVELOPMENT
The Casa Stupenda development project will be carried out by IMMOFINANZ
Group (80%) in cooperation with capricorn DEVELOPMENT (20%) in an 80:20
joint venture structure. As one of the leading European real estate
corporations, IMMOFINANZ Group realises its projects quickly and
efficiently due to its financial power and expertise - from development and
management to turnkey transfer. Current examples of the company's own
development projects in Germany are, among others, the Panta Rhei building
at Duesseldorf Airport and the Gerling Quartier in the heart of Cologne.
capricorn DEVELOPMENT designs and realises innovative energy-efficient
projects. One example is the CAPRICORN-HAUS at the Duesseldorf harbour. As
part of the capricorn Group, the company acts as a real estate investor,
developer and manager - and thereby ensures a stable cost structure and
reliable project realisation. In doing so, capricorn places a special focus
on functional, innovative solutions for every detail.
Additional information on this project can be found on the new website:
www.casa-stupenda.com
On IMMOFINANZ Group
IMMOFINANZ Group is one of the leading listed property companies in Europe
and is included in the leading ATX index of the Vienna Stock Exchange.
Since its founding in 1990, the company has compiled a high-quality
property portfolio that now comprises more than 1,820 investment properties
with a carrying amount of approx. EUR 10.38 billion. As a 'real estate
machine' the company concentrates on linking its three core business areas:
the development of sustainable, specially designed prime properties in
premium locations, the professional management of these properties and
cycle-optimised sales. Active and decentralised asset management increases
rental income and, at the same time, reduces vacancies. The liquid funds
generated by property sales are reinvested in new development projects and,
in this way, keep the machine running. The company's goal is to generate
greater profitability along the entire value change with a clearly defined,
standardised and industrialised process. IMMOFINANZ Group concentrates its
activities in the retail, office, logistics and residential segments of
eight regional core markets: Austria, Germany, Czech Republic, Slovakia,
Hungary, Romania, Poland and Russia. Further information under:
www.immofinanz.com
On capricorn DEVELOPMENT GmbH&Co. KG
capricorn DEVELOPMENT develops, builds and sells buildings with one clear
goal: maximum quality in connection with optimal, long-term use. This
process is made possible by certain framework conditions that only together
allow for the achievement and maintenance of high quality standards. The
characteristic feature is the unification of activities as a developer,
investor and manager at capricorn DEVELOPMENT. This constellation allows
for uncompromising adherence to sustainability in the design and
construction of buildings and is focused on the precise definition of
subsequent utilisation costs. Deeply rooted in the company's history is a
passion for precision and quality assurance that comes from its origins in
automotive construction. Accordingly the 'prototype principle' is also
applied in building construction and supports the greatest possible
concentration of innovative and functional solutions for each type of
building and the requirements for its use. Sensible elements are produced
in advance under laboratory conditions, while capricorn DEVELOPMENT is
responsible for all decisions and controls in every phase of construction.
In the southern area of the Duesseldorf MediaHarbor, capricorn DEVELOPMENT
has found the optimal location for three very innovative and different
buildings. Together these three projects have a clear vision with
uncompromising, high demands on the quality of construction and
architectonic brilliance.www.capricorndevelopment.de
For additional information contact:
MEDIA INQUIRIES AND INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance&Investor Relations
Interim Head of Corporate Communications | Press Spokesman
IMMOFINANZ Group
T +43 (0)1 88090 2312
M +43 (0)699 1685 7312
Investor Relations: investor(at)immofinanz.com
Medienanfragen: communications(at)immofinanz.com
A-1100 Wien, Wienerbergstraße 11
www.immofinanz.com
End of Corporate News
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06.12.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 1 88090 - 2291
Fax: +43 (0) 1 88090 - 8291
E-mail: investor(at)immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Wien (Amtlicher Handel / Official Market)
End of News DGAP News-Service
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196122 06.12.2012
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Datum: 06.12.2012 - 11:13 Uhr
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News-ID 210219
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