HOCHTIEF Solutions formart sells residential complex in Cologne before construction start
Residential developer set to build 50 residential units for pension fund in “Stadtwaldviertel Junkersdorf”—construction start scheduled for early 2012
(firmenpresse) - HOCHTIEF Solutions formart is set to realize an apartment building containing 41 residential units in Cologne-Junkersdorf, along with nine town houses and a dedicated underground garage with 53 parking spaces. The complex with a total rentable area of 6 200 sqm was acquired by the pension fund of the Hessen State Medical Association (Versorgungswerk der Landesärztekammer Hessen). Details of the purchase price have not been disclosed. Construction of the residential units is scheduled to start in February 2012.
The “Stadtwaldviertel Junkersdorf” district has been under development on a former barracks site in Cologne since the end of the 1990s and includes residential buildings alongside commercial real estate. HOCHTIEF Solutions formart had managed to secure the last remaining plot in the southeast of the district where a five-story residential building with 41 two- to four-room apartments is scheduled to be erected facing Dürener Straße. Bordering the city forrest, nine two-story town houses will be raised comprising 120 to 195 square meters of living area and gardens. The residential units will be provided with high-end fittings and furnishings and exceed the energy efficiency standard “KfW 70” of the German government-owned development bank Kreditanstalt für Wiederaufbau under the Energy Saving Regulations (Energieeinsparverordnung) EnEV 2009. Nearly 60 car parking spaces will be made available. The estate itself will be a traffic-free zone.
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Unternehmensinformation / Kurzprofil:
HOCHTIEF is one of the leading international providers of construction-related services. With more than 70,000 employees and a sales volume of EUR 20.16 billion in FY 2010, 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 54 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 Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions is the management company of the Group’s Europe division which employed around 15,000 people around the globe in fiscal 2010. In many regions and segments, the company is a market and innovation leader.
formart is the residential development business line in the Real Estate segment of HOCHTIEF Solutions. The business unit develops, builds and markets residential projects in Germany and in international markets. With more than 1,000 properties sold annually to private users and institutional investors, formart is one of the leading residential developers in its home market. The spectrum it offers includes multi-generation houses, forms of urban living, senior properties and complete residential quarters.
HOCHTIEF Solutions AG
Alfredstrasse 236
45133 Essen
Germany
Gabriele Stegers
Head of Communications Real Estate Solutions
Tel.: +49 201 824-2282
Fax: +49 201 824-1728
Email: gabriele.stegers(at)hochtief.de
Datum: 20.12.2011 - 10:34 Uhr
Sprache: Deutsch
News-ID 1067678
Anzahl Zeichen: 0
contact information:
Contact person: gabriele.stegers@hochtief.de
Town:
Essen
Phone: 0201 824-2282
Kategorie:
Residential Real Estate
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