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In an investor competition, Art-Invest Real Estate Funds GmbH acquired the heritable building right in the Alte Kämmerei property located at Marktplatz 5-6 in Düsseldorf. Art-Invest intends to refurbish the listed property and reposition it in the marketplace  as office building with retail outlets and catering establishments on the ground floor and an event hall in the inner courtyard.

The administration building was constructed in 1957 as a perimeter development with a full basement and arcades along Marktstraße and Rheinstraße and is now in need of refurbishment. Since the city treasury and the tax office moved out in 2014, the office levels have been vacant, while the shops are still being used. The entire building including the interior fit-out was listed as a historic monument in 1987, and the area in which it is located is subject to a preservation statute.

SOP Architekten were commissioned with the planning & design and IQ Real Estate GmbH will serve as project manager.

Picture credit: Art-Invest Real Estate Funds GmbH

The traditional groundbreaking for the Eclipse project was celebrated today in the presence of all parties involved.

die developer Projektentwicklung GmbH is realizing the new build of a 60 m high office building on Kennedydamm in Düsseldorf in a joint venture with the Oman sovereign wealth fund.

In late 2022, the high-rise building with 16 floors offering about 27,000 m² of office space is expected to be handed over to the main user PwC.

The architectural design is created by the architecture firms HPP (Düsseldorf) and UNStudio (Amsterdam).

IQ Real Estate is responsible for the project management.

Picture credit: IQ Real Estate GmbH

On 31 October, the topping-out ceremony was held for building units 1 and 2 of the Urban Soul project in Bonn. The project comprises an ensemble of three building units offering a total gross floor area of 40,000 m² for retail, hotel, catering, office, parking and residential uses. It replaces the notorious “Bonner Loch”, a sunken square with stairs leading down into the underground part of the railway station. The motto of the ceremony, which was also attended by the city’s Lord Mayor, was “Bonn shines, Urban Soul radiates”. Completion is planned for 2021.

Picture credit: IQ Real Estate GmbH

Following its successful acceptance by the building control and monument preservation authorities, the Kaispeicher building was handed over by Projektentwicklungsgesellschaft Kaispeicher Düsseldorf mbH (a special purpose vehicle of INTERBODEN Gewerbewelten) to the user for further interior finishing and occupation.

When it was originally constructed at the end of the nineteenth century, the now listed property was one of the first concrete framework structures in Germany erected in the innovative system of reinforced concrete construction developed by François Hennebique.

In close cooperation with the Düsseldorf monument preservation office, the existing building was carefully refurbished so that it now meets the needs of a modern office building.

Picture credit: IQ Real Estate GmbH