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Almost 80 percent of apartments sold at Frankfurt’s Holbeinviertel

02-15-2013 08:31 PM CET | Industry, Real Estate & Construction

Press release from: HOCHTIEF Solutions AG

Holbeinviertel residential quarter Frankfurt-Sachsenhausen

Holbeinviertel residential quarter Frankfurt-Sachsenhausen

Four of five construction phases almost entirely sold in Sachsenhausen—one-third of first phase already occupied

The HOCHTIEF Solutions residential developer formart and Wilma Wohnen Süd are building the Holbeinviertel residential quarter in Frankfurt-Sachsenhausen. 196 residential units are to be created in five phases on a former freight railway lot with an area of around 27,600 square meters. 37 of the townhouses (79 percent) and 117 condominiums have already been sold. The first phase is finished and one-third of the townhouses are occupied. Completion of phases two and three is scheduled for summer 2013. 38 detached houses, twelve apartment buildings and an underground parking garage will be built at Holbeinviertel by summer 2014.

Holbeinviertel, situated between Stresemannallee and Holbeinstrasse in Frankfurt’s Sachsenhausen district, is designed to have no through traffic. In future, local residents will reach their homes via private roads. The entrance to the shared underground parking garage is beside the entrance to the complex. From there, the residential levels of the apartment buildings can be reached directly. The twelve free-standing buildings will be arranged on the lot in such a way that the Frankfurt skyline will be visible from most apartments. The floor plans of the residential units, which range in size from 61 to 145 square meters, include a balcony, terrace with garden share or a roof terrace. The spaces between the apartment buildings will be planted. Townhouses will close off the complex on the southern, railtrack side.

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 2011. 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.

Wilma Wohnen Süd is one of the most important solid construction turnkey building contractors. The company is represented in the Rhine-Main and Rhine-Neckar regions by Wilma Wohnen Süd GmbH which has offices in Kriftel and Stuttgart and is a market leader in the area of residential real estate. With over 60,000 clients Wilma contributes competence and experience. The company focuses on planning and construction for individuals on an average income. Wilma also partners with municipal authorities with whom it mutually develops integrated solutions for urban development concepts.

Alfredstrasse 236
45133 Essen
Gabriele Stegers
Head of Communications Real Estate Solutions
Tel.: +49 201 824-2282
Fax: +49 201 824-1728

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