HOCHTIEF Projektentwicklung sells specialist mall and service center
95 percent of commercial space let on southwest edge of Friedberg
(firmenpresse) - HOCHTIEF Projektentwicklung has sold the new specialist retail mall and service center on the Industrial Development West in the Hessian town of Friedberg. Hansainvest has acquired the complex for EUR 22.3 million. The overall development comprises two construction phases with combined rental space of just under 19,000 square meters, most of which is already let.
The first construction phase was completed in mid-2009. The entire rental space of around 15,000 square meters is being used by a Globus building supplies and garden center. The InLine specialist retail mall forms the second phase of construction: Around 75 percent of the 4,000 square meter rental space has already been let to retail and service businesses and a catering outlet. The complex grounds have an area of over 51,000 square meters with around 550 car parking slots.
Unternehmensinformation / Kurzprofil:
HOCHTIEF is one of the leading international providers of construction-related services. With more than 66,000 employees and a sales volume of EUR 18.17 billion in FY 2009, the company is represented in all the world’s major markets. The Group’s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 55 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.
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.
HOCHTIEF Projektentwicklung GmbH
Kommunikation
Gabriele Stegers
Alfredstraße. 236
45133 Essen
Tel.: 0201 824-2282
Fax.: 0201 824-1728
E-Mail: gabriele.stegers(at)hochtief.de
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Sprache: Deutsch
News-ID 27650
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contact information:
Contact person: Gabriele Stegers
Town:
45133 Essen
Phone: 0201 824-2282
Kategorie:
Business News
Typ of Press Release: Erfolgsprojekt
type of sending: Veröffentlichung
Date of sending: 31.01.2001
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