Metropolis House in Hamburg sold to Deka Immobilien Investment
Almost 45 percent of office space already let
Metropolis Haus in Hamburg(firmenpresse) - The consortium made up of HOCHTIEF Projektentwicklung, NORDDEUTSCHE GRUNDVERMÖGEN and the FRANK Group has sold the 25,800 square meter gross floor space office and commercial Metropolis building in Hamburg off-plan to Deka Immobilien Investment. No details of the purchase price have been released.
Twelve-story Metropolis House is scheduled for completion by fall 2011 on Dammtorstrasse, the future Opernboulevard, beside the Hamburgische Staatsoper (Hamburg State Opera House). Eight of the nine above-ground levels are designated for office use. Vattenfall Energy Trading has taken out a long-term lease on the first three floors which have a total area of 6,000 square meters—corresponding to 45 percent of the available office space. The five meter-high ground floor will be used for retail and catering with outdoor service. The levels below ground will contain warehouse and archive space, as well as almost 60 car parking slots. Furthermore, the Metropolis movie theater is leasing around 830 square meters to install its historic auditorium which will be fitted out to the latest technical standard. The sales transaction was mediated by BNP Paribas Real Estate.
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Unternehmensinformation / Kurzprofil:
HOCHTIEF Projektentwicklung has been developing, realizing and marketing real estate projects in Germany and abroad since 1991 as an independent subsidiary of the HOCHTIEF Group. In Germany, the company is considered the leading inner-city developer. Its core business comprises office buildings in central business districts and areas within easy reach of city centers. It also focuses on retail properties, residential properties and accommodation for senior citizens, and the development of entire urban quarters. Hotels, distribution centers and special-purpose properties are also among the product market segments which the company addresses. HOCHTIEF Projektentwicklung does not build up any property portfolio of its own but operates as an “interim investor” with the goal of selling its projects to a final investor as swiftly as possible.
NORDDEUTSCHE GRUNDVERMÖGEN Bau- und Entwicklungsgesellschaft is an independent subsidiary of Norddeutsche Vermögen Unternehmensgruppe in Hamburg, set up and registered in Hamburg in 1988. Its key competence focuses on classic project development and project management for premium real estate in prime locations. The company also provides first class renovation and conversion services for existing buildings, taking account of the symbiosis between historic charm and modern functionality. A further key aspect of its activity is the development of commercial real estate both for its own and for third party purposes. In addition, the company is involved in major individual projects and even district development.
FRANK Group is a mid-sized housing company headquartered in Hamburg and maintaining offices in Kiel and Hofheim/Taunus. Founded in 1925, the FRANK group employs over 200 qualified staff in its core sectors real estate building and development, asset management, property management, and real estate maintenance. The company also successfully operates in the green building sector. Today, the FRANK group manages over 20,000 residential and commercial units in its own and in third-party possession. The fourth-generation, family-owned company has received many awards for the implementation of trendsetting residential projects.
HOCHTIEF Projektentwicklung GmbH
Communications
Gabriele Stegers
Alfredstrasse 236
D-45133 Essen
Tel.: +49 201 824-2282
Fax: +49 201 824-1728
E-Mail: gabriele.stegers(at)hochtief.de
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Datum: 17.01.2011 - 15:02 Uhr
Sprache: Deutsch
News-ID 27343
Anzahl Zeichen: 0
contact information:
Contact person: Gabriele Stegers
Town:
Essen
Phone: +49 201 824-2282
Kategorie:
Business News
Typ of Press Release: Erfolgsprojekt
type of sending: Veröffentlichung
Date of sending: 17.01.2011
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"Metropolis House in Hamburg sold to Deka Immobilien Investment"
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