Tom Soreq becomes Managing Director of ABG Development

Frankfurt, 26 March 2021 - As of 1 April 2021, Tom Aviv Soreq (50) will join the ABG Real Estate Group team as a further managing director of ABG Development GmbH. In addition to Soreq, Carsten Faust (56) and Guido Wiese (54) are also members of the ABG Development management team.

Tom Soreq will primarily be responsible for the central region, in particular the Rhine-Main area, as well as for selected projects in North Rhine-Westphalia and Munich.

Tom Soreq, a civil and industrial engineer (FH), has more than
20 years of profound and diversified experience in the development sector. He has held numerous management and leadership positions: Since 2011 at Tishman Speyer Properties Deutschland GmbH; there he was responsible for several major projects as Senior Director Design and Construction. Before that, he worked for Wayss & Freytag Ingenieurbau AG for many years.

Ulrich Höller, Managing Partner at ABG Real Estate Group: "With Tom Soreq, we have been able to gain a real estate manager for ABG who, with his wealth of experience and high level of real estate expertise, will contribute to the efficient and successful realisation of the challenging ABG projects."

Claudia Lewin and Karen Proff join ABG Real Estate Group

Frankfurt/Main, 1 March 2021 – In March 2021 Claudia S. Lewin (38) and Karen Proff (50) will join ABG Real Estate Group’s team, Lewin as a Senior Project Manager and Proff as Senior Manager Letting.

Ms Lewin has 13 years of experience in the German and international real estate sector, especially in asset management and the implementation of real estate concepts. She has worked for several renowned international investors such as Pembroke Real Estate and Colliers CRE; most recently, she worked in asset management for Tristan Capital. She will be focusing on the acquisition and marketing of development projects, but also on the existing properties of ABG’s new business line ABG Capital. With the 35,000 sqm landmark office building “VoltAir” (near Berlin’s iconic Alexanderplatz) and the housing construction project “Schuberts Gärten” in Berlin-Zehlendorf, ABG is currently managing two prominent projects in the German capital.

Real estate economist (ebs) Karen Proff (50) has 25 years of experience in the German real estate market. She was responsible for letting at Hochtief Projektentwicklung in Berlin, Pamera (Barings) in Munich and most recently at Catella Projektmanagement GmbH in Düsseldorf. Based in Frankfurt, she will be responsible for nationwide letting and support the ABG Development Team.

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: “With Claudia Lewin and Karen Proff, we have managed to attract two renowned and seasoned experts with all the expertise that professional project management requires.”

bema and ABG: Mitsubishi Chemical Europe to become first tenant for the TRIGON complex in Dusseldorf

  • Regional headquarters of Mitsubishi Chemical to act as a hub for international exchange

Dusseldorf, 16 February 2021 – With Mitsubishi Chemical Europe GmbH, bema Group and ABG Real Estate Group have won their first tenant for the TRIGON office complex in Dusseldorf-Heerdt (Schiessstrasse 47–49).

As of spring 2022, Mitsubishi Chemical Europe GmbH will rent 4,200 sqm of office space in the TRIGON office complex under a long-term contract. Mitsubishi Chemical and its affiliated companies Mitsubishi Tanabe Pharma GmbH, YUPO Europe GmbH, and MIP Europe GmbH will occupy areas on the ground, first and parts of the second floor, moving in with 200 employees. On the ground floor, Mitsubishi Chemical will install a 750 sqm application laboratory. In addition, the companies will share 100 rented parking spaces in the neighbouring multi-storey car park. 6,100 sqm of office space – which can be subdivided into units of a minimum 670 sqm – is currently still available for rent.

Ansgar Pohl, CEO of Mitsubishi Chemical Europe GmbH: “With this rental, we are gaining space for the further integration and expansion of the various companies within the Mitsubishi Chemical Holdings Group under one roof. With its flexible and communicative layout, the TRIGON office complex offers the ideal conditions for that. We are particularly proud of the Technikum on the ground floor, which will serve as an analysis and test laboratory but will also be used for product development.”

CBRE acted as an intermediary for both parties. The landlord’s legal advisor was law firm Rotthege | Wassermann; the tenant’s legal advisor was law firm Franz & Partner.

About the TRIGON project:
On a plot of approximately 11,100 sqm along Schiessstrasse in Dusseldorf’s Heerdt district, an office complex (rental space of 10,300 sqm) and a 283-room dual-brand hotel (rental space of 10,000 sqm) are planned, together with a shared car park providing a total of 462 car parking spaces, partially equipped with charging stations for electric cars. Construction is set to start in the first quarter of 2021. The project’s completion is scheduled for the end of 2022 / beginning of 2023. The total investment volume will amount to approximately €110 million. The architectural firm caspar.schmitzmorkramer GmbH, Cologne, has been contracted for the architectural conception.

The spaces of the office building allow for flexible deployment, and also offer creative leeway. The filigree façade with its floor-to-ceiling windows provides an appealing and elegant external appearance. DNGB (German Sustainable Building Council) “Gold” certification is being sought for the office building.

ABG: Martin Knof appointed Head of Finance

Frankfurt/Main, 7 January 2021 – As from the start of 2021, Dr Martin Knof (59) has taken over as the new head of ABG Real Estate Holding’s Finance division. He reports directly to the CFO, Dr Thomas Hartmann.

Dr Knof, who holds a PhD in law, previously worked as Head of Business Development at Finch Properties in Frankfurt. Prior to this, he held numerous executive positions at German and international banks, including Deutsche Bank, Commerzbank, ING, and JP Morgan, where his focus was on lending, real estate finance, investment banking, and risk management.

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: “With Martin Knof, we have successfully attracted a renowned expert with extensive financial and banking expertise.”

Piotr Bienkowski joins ABG Real Estate Group as new Managing Director

Frankfurt/Main, 7 January 2021 – As from the start of 2021, Piotr Bienkowski (50) has joined the management of ABG Real Estate Holding with its three business lines ABG Development, ABG Real Estate Management, and ABG Capital. The other Managing Directors are Ulrich Höller (Chairman) und Dr Thomas Hartmann (CFO).

Piotr Bienkowski has also become co-shareholder of the business line ABG Capital, for whose performance he holds particular responsibility. ABG Capital is the newly established investment management division of ABG Real Estate Group, whose development business counts among the largest in Germany. It designs and implements products for institutional real estate investment. The main shareholder of ABG Capital is ABG Real Estate Holding, owned by Dr Walter Wübben and Ulrich Höller. Aside from Mr Bienkowski, the RAG Foundation has joined the circle of shareholders as a strategic investor.

Piotr Bienkowski has more than 30 years of experience in the sector. He served as Managing Director of BNP Paribas Real Estate Germany for 17 years – the last 8 years as CEO.

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: “With Piotr Bienkowski we have managed to attract an excellent and highly experienced investment specialist. With his expertise, he is also the ideal choice to lead our new business line ABG Capital.”


Change in the management board of ABG Real Estate Holding

Frankfurt/Main, 15 December 2020 – Dr Thomas Hartmann (46) will join the senior management of ABG Real Estate Holding on 1 January 2021 as Managing Director and CFO. He succeeds Bernhard Visker (54), the previous Managing Director, who will be leaving the Company on 31 December of this year to take up a new professional challenge.

Dr Hartmann has many years of extensive experience in the financial sector: having worked for Morgan Stanley and KPMG, he has been successfully working in CFO positions for the past ten years, most recently at GBW, a leading commercial housing enterprise in Munich, and at GEG German Estate Group in Frankfurt. He will mostly be working from ABG’s Munich office.

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: “We have successfully attracted a renowned finance expert with Dr Thomas Hartmann, who brings on board many years of experience in the real estate business. Dr Walter Wübben and myself would like to sincerely thank Mr Visker for the successful and trusting cooperation we have enjoyed over many years. Thanks to his high professional standards and extensive commitment, he has helped shape ABG and has made a key contribution to our market position today. We wish him every success for his next professional venture, and all the best for his personal future.”

ABG and Hecker joint venture: Premier Inn to become tenant in BERLINERHAUS, Wolfsburg

Wolfsburg, 02 December 2020 – With Premier Inn, joint venture partners ABG Real Estate Group and Hecker have won the real estate investor and operator Premier Inn as long-term tenant for the hotel in their landmark 'BERLINERHAUS' Ensemble in Wolfsburg. The group initially planned, Centro/NinetyNine, handed over the operator role to the financially strong British group Whitbread PLC. Whitbread PLC is owner of numerous hotels is market leader in England. Premier Inn will be operating a Premium Economy Hotel. For this purpose Premier Inn has rented the 9,500 sqm hotel space. The hotel is being built next to an office tower, and will comprise a total of 260 rooms as well as approx. 170 parking spaces. BERLINERHAUS is scheduled to be completed by mid-2022, at which point the hotel will also open.

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: "We are delighted to have found a financially sound partner with a strong management in Premier Inn, at such an early phase of our hotel project and in this challenging environment."

Prof. Dr Falk Hecker, Managing Partner at Hecker GmbH, said: "Premier Inn is a significant gain for Wolfsburg, since this project creates extensive, affordable overnight accommodation near the station."

Dr. Michael Hartung, Managing Director Development of Premier Inn Germany: "We are very pleased about the economically strong location of Wolfsburg and the central location in which our Premier Inn Hotel is being built. For me, the mixed use of buildings is an absolutely essential part of future quarter development. This is not the only reason why I am proud to be part of BERLINERHAUS".

As already announced:
The foundation stone for BERLINERHAUS was laid in May 2020 in the presence of Wolfsburg's Lord Mayor, Klaus Mohrs. Structural works, by prime contractor Köster GmbH, are going as planned; in the office building, concrete is being poured for the roof above the 10th floor; in the hotel building, concrete is being poured on the fifth floor.

Next to the hotel, a landmark office complex is being built in an excellent location right next to the Berlin Bridge. The elegant 45-metre office tower will sport a delicate façade of glass, aluminium, and steel. Three attractive, two-storey 'sky lounges' will offer visitors a unique view of the AUTOSTADT and Wolfsburg Castle. Twelve full storeys will host approximately 6,725 sqm of flexible office space for future tenants, within walking distance of the city centre and the main station. Overall, the building complex – offices, hotel and parking spaces – will comprise a total gross floor area (GFA) of 22,000 sqm.

To make the BERLINERHAUS project a reality, ABG Real Estate Group – with more than fifty years of experience in spectacular landmark developments at Germany's prime locations – and the long-established Wolfsburg-based family-run Hecker GmbH, bringing profound local expertise, joined forces – making a perfect match.

bema and ABG: Deutsche Glasfaser also lets SMART OFFICE in Dusseldorf

Dusseldorf, 9 November 2020 – Dusseldorf-based bema and ABG Real Estate Group have acquired Deutsche Glasfaser as a third major tenant for the SMART OFFICE business location at Dusseldorf Airport. This means that more than 80 per cent of the total floorspace in the office complex – some 14,400 sqm – has already been let under long-term contracts, just under one year ahead of completion.

Deutsche Glasfaser, third-largest provider of broadband glass-fibre networks, will rent approximately 4,100 sqm (out of a total of around 14,400 sqm) from September 2021. Deutsche Glasfaser will occupy space on the ground floor, and on the first and second floors.

In the spring of this year, the German subsidiary of US-based Boston Scientific Corporation had already agreed to rent an area of about 4,500 sqm in the SMART OFFICE development, together with 101 parking spaces. Furthermore, the entire fourth floor – around 3,000 sqm – had already been rented to Intersnack Group GmbH & Co. KG. This outstanding rental performance underscores the first-class location of the SMART OFFICE Airport City, as well as the top quality of the property. Approximately 4,200 sqm office space and 58 parking spaces are therefore still available for rent.

Estate agents CBRE acted as an intermediary for both parties. The landlord’s legal advisor was law firm Rotthege Wassermann, Dusseldorf.

About the SMART OFFICE project:
Construction work started in September 2019; structural works are virtually complete, and finishing works are currently well under way. The SMART OFFICE has already been awarded a DGNB “Gold” pre-certificate and a WIRED SCORE “Gold” certificate. Completion is scheduled for mid-2021. The total investment volume will amount to approximately €110 million.

ABG: foundation stone ceremony for the new DEUTSCHLANDHAUS in Hamburg

Hamburg, 22 October 2020 – Today the foundation stone was laid for the DEUTSCHLANDHAUS in Hamburg. Participating in the ceremony, Dr Peter Tschentscher, the city’s First Mayor, and Ulrich Höller, Managing Partner of ABG Real Estate Group, launched the construction of what will be an iconic new building complex and one of Hamburg’s most prominent project developments in recent years: the resurrection of the historically important DEUTSCHLANDHAUS, located at Gänsemarkt, in the very heart of the city centre. Hadi Teherani Architects’ outstanding concept will set new standards: at the same time, it is inspired by the very successful original design of the predecessor building, which had been significantly altered by numerous interventions in the course of its history. The new complex, which will comprise about 40,000 sqm of office space, with supplementary uses such as restaurants, retail, and residential units, is set to be completed by the end of 2022. The total investment volume will amount to approximately €450 million. The ceremony was also attended by Hamburg’s Chief Planning Director Franz-Josef Höing and the architect himself, Hadi Teherani.

Prominently situated on the historic Gänsemarkt (at the corner of Dammtorstrasse and Valentinskamp), the new construction will replace the old DEUTSCHLANDHAUS built in the 1920s. It will mainly feature 33,250 sqm of office space, distributed over 10 floors and featuring a highly flexible design. This will allow for rental of units between 126 sqm and 30,000 sqm. These will be complemented by 30 residential units with a total of 2,800 sqm, facing Valentinskamp. Furthermore, 4,200 sqm of retail units and restaurants are planned. The two basement floors, with a total size of 9,450 sqm, will accommodate technical installations together with parking spaces for 321 bicycles and 164 cars. Users will benefit from a comprehensive concierge service, sparing them many time-consuming activities of daily life (post office, cleaning, ticket reservations, etc.). The high-quality digital infrastructure will be provided by two fibre optic cables pre-certified with WireScored Gold. A special interior highlight of the DEUTSCHLANDHAUS is the 1,200 sqm Palm Court, which will rise to a height of nearly 40 metres under a light-flooded roof dome. Time spent in this impressive open space will offer unique quality and a high feel-good factor; the area will also provide future occupants of DEUTSCHLANDHAUS with temporary workplaces. The entire complex will be built in accordance with the quality requirements set forth by the USGBC, and has already been pre-certified with the LEED Gold award.

Dr Peter Tschentscher, First Mayor of the City of Hamburg, said: “With the new DEUTSCHLANDHAUS, an architecturally modern and high-quality building is being created at a central location in the city. It combines working, gastronomy, shopping and living under one roof and can thus enhance and enliven the Gänsemarkt area.”

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: “We are delighted to have the opportunity to shape a milestone for the development of Hamburg’s inner city with this new complex embodying the resurrection of a historical landmark such as the DEUTSCHLANDHAUS. Hadi Teherani’s exceptional architectural design, with the Palm Court as its highlight, will provide a diversified quarter with different areas of use, including offices, retail, restaurants, and residential units.”

A brief history of the DEUTSCHLANDHAUS
It was constructed in 1928/1929 according to the designs of architects Fritz Block and Ernst Hochfeld. One of Hamburg’s trading houses (Kontorhaus), it was mainly used as an office building but was also home to a cinema (the Ufa-Palast with its 2,700 seats was, at the time, the largest in Europe), a department store and shopping arcades. The striking eight-storey building was a steel skeleton structure, with a brick façade horizontally segmented by strips of ribbon windows – one of the few remaining early modern buildings of this kind in Germany. During the Second World War the DEUTSCHLANDHAUS was largely burnt out. Between 1946 and 1949, the occupying British forces reconstructed it, albeit with changes, and named it Hamburg House. They used it as a supply and leisure facility for British soldiers and attendants. In 1952 the British authorities moved out; just one floor and parts of two others continued to be used by the Navy, Army and Air Force Institutes (NAAFI). The building was renamed DEUTSCHLANDHAUS, and for about 20 years it accommodated the Hamburg main office of the German postal service (Oberpostdirektion Hamburg) as its main tenant. From 1972, Dresdner Bank became the principal tenant. Between 1975 and 1978, supervised by architects Dietrich & Partner, the wing of the building that faces Drehbahn was rebuilt and, in a second phase between 1979 and 1982, a conversion of the building’s other preserved wings took place. In 2014, ABG acquired the building complex from Credit Suisse. After a thorough assessment, ABG decided to erect a new building, with the consent of the City of Hamburg being granted in 2019. Subsequently, as a preparatory measure, the old DEUTSCHLANDHAUS was demolished. Further information about the DEUTSCHLANDHAUS is available on

Fast Forward by Architecture Matters – Beyond Bilbao: Interview with Ulrich Höller

Since January 2020 you have been Managing Partner of ABG Real Estate Group. Why ABG? What was your motivation for joining the company?

ABG has existed for more than fi ve decades. This is very rare in the real estate industry, as are its great continuity and lack of negative headlines. To successfully continue such a tradition into the future is a great challenge that I fi nd inspiring. Dr. Walter Wübben, who has been the principal shareholder for almost 30 years, was in conversation with me about taking on this new role for quite some time. We have a strong market presence with fi ve branches in Germany: Munich, the original headquarters, then Hamburg, Berlin, Cologne, and more recently Frankfurt again. Our project development volume currently totals almost 2.7 billion euros, 70 percent of which is in the commercial sector and 30 percent in the residential sector. There are 17 projects ranging from 60 to 450 million euros. There are only a few project developers in Germany of this size and substance.

Read the entire article in the PDF Download.

Topping-out ceremony for the LIVING ISAR development in Munich

Munich, 22 September 2020 – Today sees the topping-out ceremony for the new LIVING ISAR residential quarter featuring 423 apartments, which is being built on the former OSRAM site in Munich-Untergiesing (bordering Hellabrunner Strasse, Candidstrasse and Salierstrasse). Kerstin Schreyer, Bavaria's Minister of State for Housing, Construction and Transport joined the celebrations by adding the finishing touch to the building's structure. The owner-developer of the property is ABG Real Estate Group, together with the Grünwald-based BÜSCHL Group, its joint venture partner. Total project investment volume amounts to approximately €300 million.

LIVING ISAR is a striking residential quarter, occupying a highly desirable location on the Isar meadows, less than 400 metres from the river itself. The central green space, which includes a communal playground, has been designed as a welcoming place to relax alongside the Isar meadows, a wonderful addition to what is already an exceptional location.

A total of 17 five- to seven-storey low-rise blocks are being built on an area of approximately 31,500 square metres across five construction sites. Approximately 50,000 square metres of floor space is spread over 423 apartments, almost 100 of which are subsidised rental flats and affordable condominiums. As well as a commercial unit, the residential quarter has a café bar and two day care centres with five nursery and five kindergarten groups, which can accommodate around 190 children. An underground garage provides 407 parking spaces. Pathways and green spaces help connect the individual buildings, and even the roof areas are green. A sustainable noise control solution was created specifically for the buildings bordering Candidstrasse, an area particularly sensitive to traffic noise. The space above ground is free of private vehicle traffic; it is reserved exclusively for pedestrians and cyclists.

Demolition and foundation works began in early 2018 and construction commenced at the start of 2019. Marketing for LIVING ISAR was launched at the beginning of 2019. The apartments are scheduled to be completed and occupied in early 2022. The commission to design the project was awarded to the Berlin-based architects O&O Baukunst, who won the 2015 Urban Design Competition for the former OSRAM site in Munich. You can find more information about this project at

Kerstin Schreyer, Minister of State said: "I am delighted that BayernHeim GmbH, the state-owned housing enterprise, is going to create its second residential estate in Munich’s new residential quarter. BayernHeim will rent out 66 apartments to families and households with lower incomes, subsidised as part of the Bavarian Housing Construction Programme. It is particularly here in Munich that we need more long-term affordable housing. For me it is vital that people can live anywhere in Bavaria, regardless of their income, profession, gender or stage of life."

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: "We are delighted that this project enables us to make a small contribution to countering the housing shortage in Bavaria's charming capital, by creating a new high-quality residential area in what is an exceptionally beautiful location."

Topping-out ceremony for VoltAir in Berlin Mitte

Berlin, 16 September 2020 – Today sees the topping-out ceremony for the VoltAir office and commercial building complex in Berlin’s Mitte district (bordering Alexanderstrasse, Voltairestrasse, and Dircksenstrasse), with Berlin's Governing Mayor, Michael Müller, joining the celebrations and helping apply the finishing touch to the new landmark building's structure, located right in the heart of the city. With a total investment volume of around €390 million, the development will provide around 30,000 sqm of new rental space by early 2022. The owner-developer of the property is ABG Real Estate Group, together with Felix Gädeke, its joint venture partner.

This unique, striking new building is currently under construction, situated in the Berlin Mitte district – a fantastic location that is growing in stature in terms of the city's economy. It acts as a bridge between the dynamic Alexanderplatz office market and the up-and-coming Mediaspree development, both of which are only a stone's throw away.

Covering an area of 6,500 sqm, VoltAir will form an important landmark. There will be five separate entrances, and two imposing lobbies that open out onto the spacious, verdant inner courtyard. The ground floor offers around 3,000 sqm of rental space for retailers, food outlets and restaurants while the seven upper floors provide around 27,000 sqm of office and commercial space. The interior's open-plan loft-style design with its exposed concrete surfaces and technical installations offers huge scope in terms of architectural flexibility. Numerous balconies and terraces, covering an area of over 2,000 sqm, wrap around the outer and inner courtyard facades. Three roof terraces, each with an area of 100 sqm, provide impressive views of the surrounding area, adding an elegant finishing touch to the architecture. There will be parking space for 92 cars in the underground car park. 21,000 cubic metres of concrete and 4,000 tonnes of steel will be used in the construction of the complex.

Work started in December 2018, with construction of the superstructure commencing in September 2019. Completion is scheduled for the end of 2022, at which point the building will be ready for occupancy. The project has already been awarded LEED Gold pre-certification, and a WiredScore certification is in the pipeline.

Michael Müller, Governing Mayor of the City of Berlin, said: “VoltAir is of course not the only office development in Berlin, but a very special one – especially thanks to its courageous architectural design, which reflects a new, dynamically changing world for working and offices. My vision is that diverse occupancy of the property – start-ups, co-working spaces or digital hubs established by large enterprises – will be realised here, through this contemporary office concept that provides ultra-modern workplaces for the multi-faceted Berlin economy.

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: "The aim of VoltAir is to create a distinctive architectural statement that captures the spirit of Berlin, as well as offering state-of-the-art premises to attractive commercial enterprises . We are so excited to be able to create a project of such a scale right in the centre of the German capital."

The commission to design the project was awarded to the the renowned and internationally active Berlin-based architects J.MAYER H. The Museum Garage in Miami, the Metropol Parasol in Seville and the RKM Tower in Düsseldorf are just a handful of the practice’s multiple award-winning buildings.

ABG Real Estate Group and HanseMerkur Grund-vermögen jointly acquire ODDO BHF-Tower in Frankfurt

Frankfurt, 31 August 2020 – ABG Real Estate Group and HanseMerkur Grundvermögen AG have jointly acquired the ODDO BHF-Tower in Frankfurt. ABG will redesign and revitalise the iconic tower after the tenant ODDO BHF moves out in 2024. The redevelopment will create a building that conforms to top quality new-build specifications. Expected total project investment volume amounts to over €300 million.

The property is fully let to ODDO BHF, which has used the building for several decades, first as owner and later as tenant. ABG Real Estate Group will carry out the redesign and project realisation in two phases. The entire building will be redeveloped in line with planning and cultural heritage legislation, while achieving a state-of-the-art design concept and and top quality new-build specifications. The project is scheduled to be concluded by 2027 at the latest, with implementation and construction work commencing after the tenant vacates the building. The seller of the property is a private investor, the sales process was managed by CBRE, the transaction was accompanied by the law firms Hengeler Mueller and Wagensonner and the financing was supported by DZ Hyp.

Ulrich Höller, Managing Partner at ABG, said:
“With the acquisition of this extraordinary landmark property, ABG has returned to the Frankfurt real estate market as an investor and developer – a market that I am personally convinced is a good place to invest! This iconic structure, caught between modernity and tradition, will once again stand out in Frankfurt’s architectural landscape after it has been revitalised. This is our common goal at ABG and HanseMerkur.” 

Lutz Wiemer, Deputy CEO at HanseMerkur Grundvermögen, added:
“The fact that we invested in this high-profile property development together with ABG as a joint venture partner once again demonstrates that we are not only active as an investor but have firmly established our profile as a potential project and financing partner. 

About the ODDO BHF-Tower in Frankfurt (location and history): 
The building is situated on an 8,400 sqm plot of land at the junction of Bockenheimer Landstrasse 10 and Oberlindau 2. It has a lettable area of just under 20,000 sqm and currently comprises a 23-storey high-rise building, an attached six-storey annex building, and a two-storey atrium. The prime location is right in the centre of Frankfurt’s prime banking district; a further – and unique – feature is that the tower sits within the historical Rothschildpark.

In 1961, at the start of the high-rise building boom, architect Sep Ruf presented the first designs for the building. Ruf was a highly influential figure in German post-war architecture. Official inauguration of the – at the time – highest building in Frankfurt followed in October 1965. When Berliner Handelsgesellschaft and Frankfurter Bank merged in 1970 to become Berliner Handels- und Frankfurter Bank (in short: BHF-Bank), the new institution required more office space, which led to BHF renting the high-rise building.

ABG: completion of “TruLiving” city quarter development in Munich

Munich, 3 August 2020 – ABG Real Estate Group has completed the “TruLiving” city quarter development initiated in 2017 in Munich’s Trudering area. The 151 apartments have been handed over to their owners punctually, as contractually agreed. All apartments had been sold before completion of the shell structure. Total project investment volume amounts to approximately €82 million.

The “TruLiving” city quarter development connects the heart of the old village with Trudering’s cultural centre – both of which can now easily be reached on foot.

The complex comprises 105 owner-occupied apartments, 16 subsidised owner-occupied apartments, and 30 subsidised rental flats of various sizes: from one to five room(s), and with floor space ranging from 35 sqm to 200 sqm. Approximately 50 flats are to be barrier-free, and all of them have a small garden, balcony, loggia, or roof terrace. In addition to the residential units, the “TruLiving” complex houses four commercial units which have been let to a day care centre for children, among others. An underground garage provides 143 parking spaces. Overall floor space amounts to 15,580 sqm and the plot of land covers approximately 15,600 sqm, of which a 3,550 sqm-landscaped area, including a playground, was transferred to the city of Munich.

The architectural design of the building complex is characterised by staggered lines. The numerous loggias, balconies, and roof terraces offer a high degree of privacy. One overarching design feature is a recurring theme of horizontal division, using distinctive plaster lines and the horizontal elements of the French balconies. Landscaped areas and courtyards invite residents and visitors to enjoy their surroundings.

Two thermal groundwater wells supply the apartments with sustainable warmth. The apartments are equipped with controlled housing ventilation with heat recovery, incurring high energy saving potential. Green roofs retain rainwater and improve the micro climate. The entire rainwater drains into the plot of land, thus reducing costs for the housing community and saving energy for municipal water treatment.

Munich-based architectural firm Maier.Neuberger.Architekten GmbH and Stuttgart-based general contractor Gustav Epple Bauunternehmung GmbH have been selected for the project.

ABG strengthens personnel department for future growth

Frankfurt, June 2, 2020 - The ABG Real Estate Group has now recruited additional staff: Andreas Meister (46) takes over as Head of Acquisition on June 1, 2020. Thomas Stiller (27) had already joined ABG as a senior associate in April this year. Both new hires are based at ABG's Frankfurt office and will focus on supporting the activities of the new business area ABG Capital.

The graduate civil engineer (FH) and graduate industrial engineer (FH) Meister was most recently Head of Transactions Direct Real Estate/Finance at Ampega Real Estate GmbH, Cologne (member of the Talanx Group). Until 2012 he was responsible for project developments, construction and refurbishment measures as well as acquisition and leasing at IFM Immobilien AG, Heidelberg.

Thomas Stiller, Master of Science in Business Administration with a focus on Real Estate Management (IREBS), comes from Unicredit Bank AG, where he worked as Relationship Manager in the Commercial Real Estate Finance division at the Frankfurt branch.

Great media response to the laying of the foundation stone for the BERLINERHAUS

On May 27th, the foundation stone for the BERLINERHAUS in Wolfsburg was laid. By 2022, a 45-meter-high office tower and a stylish design-budget hotel will be built directly on the Berliner Brücke in a prominent downtown location.

With a total of 6,750 sqm of flexible office space spread over 12 full floors, the office tower not only offers state-of-the-art working environments, but also a unique view as far as the Wolfsburg castle and the AUTOSTADT. The ensemble is completed by two five-storey building blocks for hotel operations with a total of 260 rooms.

The starting signal for the construction of the new landmark ensemble was given by the two experienced joint venture partners, the ABG Real Estate Group and Hecker GmbH, together with Wolfsburg's Lord Mayor Klaus Mohrs. 

The ceremony for this groundbreaking project also attracted a great deal of media attention.

You can access the published articles here:

> Wolfsburger Nachrichten on 05-28-20

> Wolfsburger Allgemeine on 05-28-20

> Immobilien-Zeitung Online on 05-28-20

> Firmenpresse on 05-27-20

> on 05-27-20


NEW GRANDEUR for Wolfsburg: laying the foundation stone for BERLINERHAUS

Wolfsburg, 27 May 2020 – The foundation stone for the BERLINERHAUS building in Wolfsburg has been laid today. Together with Lord Mayor Klaus Mohrs, Mr Ulrich Höller, Managing Partner at ABG Real Estate Group, and Prof. Dr Falk Hecker, Managing Partner at Hecker GmbH, initiated the construction in the heart of the city. The landmark complex, comprising an office tower and a stylish budget hotel, will be built in excellent location right next to the Berlin Bridge. Construction of the approximately 9,639 sqm complex is set to be concluded by 2022.

The elegant office tower, 45 m high, will sport a delicate façade of glass and steel. Three attractive, two-storey 'sky lounges' will offer visitors a unique view of the AUTOSTADT and Wolfsburg Castle. Twelve full storeys will host approximately 6,750 sqm of flexible office space for future tenants, within walking distance of the city centre and the main station. The complex is completed by two transverse five-storey blocks for the hotel, situated on two-storey pedestals. The hotel will offer 260 rooms and around 9,500 sqm of rental space. Around 170 parking spaces will be available.

To make the BERLINERHAUS project a reality, ABG Real Estate Group –with more than fifty years of experience in spectacular landmark developments at Germany's prime locations – and the long-established Wolfsburg-based family-run Hecker GmbH, bringing profound local expertise, joined forces – making a perfect match.

Klaus Mohrs, Lord Mayor of the City of Wolfsburg, says: "With the BERLINERHAUS, an office and hotel building will be developed in a location of great importance for Wolfsburg’s history, definitively upgrading the area between the Berlin Bridge and Maybachweg. This stretch of land has been lying idle long enough. We are looking forward to the new buildings, which will make the former compound of the Naturstein Billen GmbH shine with a new splendour.”

Ulrich Höller, Managing Partner at ABG Real Estate Group, said: "Today, we are laying the first stone for a new landmark in Wolfsburg. This building complex adds a new chapter that completes the city's history of modern architecture."

Prof. Dr Falk Hecker, Managing Partner at Hecker GmbH, said: "All of us can look forward to a great new building that will add new grandeur to Wolfsburg. I envy those who will be moving in!"

Architectural firm Stauth Architekten have been retained for planning the project. NINETY NINE Hotels, a subsidiary of the Hamburg-based Centro Hotel Group, has been enlisted as the hotel operator. Centro Group currently operates 53 hotels in 19 cities across Germany. Hotels of the NINETY NINE brand can be found, for example, in Munich, Heidelberg and Wuppertal. Construction work started in February 2020. Köster GmbH is the prime contractor. Marketing of office space at the BERLINERHAUS has begun.

"Home office will not replace office."

Ulrich Höller, managing partner of ABG Real Estate Group, in an interview with the Frankfurter Allgemeine Zeitung about the opportunities and burdens of the real estate market due to the Corona crisis.

> Read article

Real estate - cities - people, a podcast with Ulrich Höller

Stephanie Baden (ULI Germany) talks to Ulrich Höller (ABG Real Estate Group) about the industry in times of crisis, working under new conditions, the mood in the city and of course football - and music.

> listen here

ZECH Group chosen as general contractor for ABG’s ‘Deutschlandhaus’ project development in Hamburg

Hamburg, 22 April 2020 – ABG Real Estate Group has entered into a general contractor agreement for its ‘Deutschlandhaus’ project, located at Gänsemarkt in the heart of Hamburg’s city centre. ‘Arbeitsgemeinschaft Deutschlandhaus’ – a joint venture with the participation of ZECH Bau, ROM, ssm and Renke – will act as general contractor under the leadership of Zech Bau SE, branch office Bremen. The building construction will com-mence in September 2020; completion of the Deutschlandhaus property is scheduled for the fourth quarter of 2022.

Guido Wiese, Managing Director of ABG Development: “With ZECH, we have found an excellent general contractor and reliable partner who will realise a project that breaks new ground – for Hamburg and for ABG.”

Olaf Demuth, Managing Director of ZECH Group SE, said: “We are pleased that ABG has placed its trust in us and that we are able to realize this outstanding project for the client with our comprehensive expertise in building construction and building services from a single source.”

About the Deutschlandhaus project:
The new building will replace the historical Deutschlandhaus, built at the end of the 1920. With a gross floor space of approximately 40,000 square metres, the new Deutschlandhaus will offer just under 30,000 sqm of office space, around 4,000 sqm for retail and gastronomy at Valentinskamp square, plus around 30 flats with a total of 2,000 sqm. Two underground floors with just under 10,000 sqm will provide 164 parking spaces, amongst other facilities.

The award-winning design by Hadi Teherani Architects stands out with a brick facade in the style of traditional mercantile office buildings (Kontorhäuser), an atrium flooded with light, where a palm forest offers an oasis for relaxation.

ABG Real Estate Group acquired the 5,700 sqm plot in 2014, starting work on demolition, excavation and preparation of the pit in march 2019. This work is scheduled for completion by the end of August 2020, allowing structural construction to commence in September 2020.

ABG sells subsidised “LIVING ISAR” apartments in Munich to BayernHeim

  • ABG has thus marketed 80 per cent of the housing units of LIVING ISAR
  • Project progress on target
    - Topping-out: Summer 2020
    - o Ready for occupancy: Year-end 2021

Munich, 8 April 2020 – ABG Real Estate Group has now sold a residential estate with 66 means-tested subsidised apartments together with commercial space, from the “LIVING STAR” project development on the former OSRAM premises in Munich’s Giesing district. The buyer is BayernHeim GmbH, the state-owned housing association. The 66 apartments are situated in a building ensemble with three entrances and a total floor area of 6,875 sqm. With this transaction, ABG has marketed more than 80 per cent of the “LIVING ISAR” project development.

This project comprises 17 buildings with a total of 423 apartments, built on the former OSRAM premises in Munich-Giesing, close to the floodplains of the Isar river. The 31,500 sqm site offers living space for more than 1,000 residents. Total project investment volume amounts to approximately €300 million. The 423 apartments have a total floor area of around 60,000 sqm. Close to 100 of the apartments – with a floor area of around 9,800 sqm – are subsidised. In close cooperation with the City of Munich, two additional day care centres – for a total of around 200 children, about half of whom are under the age of three – are being built on the site. These day care centres are not only intended for residents , but are also open to children of the inhabitants from the neighbourhood. In addition, the site also includes about 300 sqm of commercial space (offices, cafés and the like) as well as a large public playground. Moreover, ABG has provided financial support for the upgrading of surrounding playgrounds and leisure facilities.

Ulrich Höller, Managing Partner at ABG, said: “The ‘LIVING ISAR’ project developed by ABG is a new urban quarter that will provide a home for over 1,000 people. With the subsidised apartments, we are creating an attractive offer with low rents in the tight Munich housing market.”

The 407 car parking spaces plus approximately 400 bicycle stands are located in two underground garages. Almost all car parking spaces can in future be upgraded to charging stations for electric cars via the installation of a wallbox by Stadtwerke München, the Munich municipal utility. The bicycle stands can be reached via two bicycle lifts.

The quarter is being supplied with environmentally friendly heating via Stadtwerke München’s network, thus meeting all energy-saving guidelines.

Due to good performance from general contractor Gustav Epple, the construction work, which was started in early 2019, is running on schedule, with the topping-out ceremony scheduled for summer 2020. Overall completion is scheduled for the end of 2021.

The architectural design by Ortner + Ortner Baukunst impresses with a straightforward modern appeal. In terms of city planning, the buildings are divided into five clusters, giving the quarter its open character, which together with the verdant green areas provides for a high degree of amenity value. The central green area will be connected to the floodplains of the Isar, and create a generous public space between the building zones.

The transaction was brokered by JLL.

bema and ABG: Boston Scientific rents space at SMART OFFICE

Dusseldorf, 4 March 2020 – Dusseldorf-based bema and ABG Real Estate Group have acquired Boston Scientific Medizintechnik GmbH as a second long-term tenant for the SMART OFFICE business location at Dusseldorf Air-port.

The German sales company of US-based Boston Scientific Corporation is expected to receive an area of about 4,500 sqm on the third floor of both parts of the building and on parts of the second floor of the SMART OFFICE. Furthermore, 101 parking spaces are expected to be rented. This means that around 7,540 sqm and 172 parking spaces (more than 50%) of the available 14,370 sqm office space and 314 parking spaces of the SMART OFFICE development have already been let under long-term contracts. The entire fourth floor with around 3,000 sqm was already rented to Intersnack Group GmbH & Co. KG in summer 2019. Approximately 6,830 sqm office space and 142 parking spaces are therefore still available for rent.

Estate agents CBRE acted as an intermediary for both parties. The landlord’s legal advisor was law firm Rotthege Wassermann, whilst the tenant was advised by Baker McKenzie.

About the SMART OFFICE project:
Construction work started in September 2019, currently the structural works are well under way. The SMART OFFICE has already been awarded a DGNB “Gold” pre-certificate and a WIRED SCORE “Gold” certificate.

ABG gets involved in Wolfsburg project development

Wolfsburg, 29 January 2020 – ABG Real Estate Group has joined forces with Wolfsburg-based Hecker GmbH in a joint venture: Berliner Haus GmbH & Co. KG in Wolfsburg, a project company that in 2018 acquired the An der Vorburg / Maybachweg plot in Wolfsburg, which has a total area of just over 22,000 sqm. The joint venture plans to construct an office building on the plot, with 12 full floors and some 6,500 sqm of rental space as well as a seven-storey, 260-room hotel with approximately 8,000 sqm of rental space – plus 190 parking spaces. 

Following this joint venture’s development to date, ABG Real Estate Group will assume responsibility for continued implementation of the project concept – especially regarding realisation of construction work, the letting of office floor space, and marketing the properties. 

Ulrich Höller, managing partner of ABG said: "We are pleased to be able to realise an extraordinary cityscape property with the “Berliner Haus” at the prosperous location of Wolfsburg together with our partner. ABG's nationwide experience in large-scale projects will contribute to a fast and efficient implementation".

Prof. Falk Hecker, Managing Director of Hecker GmbH: "The Berlin House Project has developed steadily over the last few years, to which our joint venture partner ABG has made a significant contribution. Wolfsburg can be pleased to soon have one of the first designer budget hotels on site in addition to the Designer Outlets!”

Located at the heart of Wolfsburg, the plot benefits from excellent connections to the city’s most important destinations: at a distance of just 750 metres, the main railway station is within walking distance; the next bus stop is only 300 metres away. The Volkswagen factory, together with its adjacent Autostadt event and new-car delivery centre, as well as other popular attractions, are easily accessible on foot, via the Berliner Brücke and Stadtbrücke bridges. Likewise, the Nordkopf and Porschestrasse – Wolfsburg’s city centre – are only a few minutes’ walk away. 

Kai-Uwe Hirschheide, City Building Councillor of the City of Wolfsburg: "As a new building block, the Berlin House will have a significant impact on its surroundings both in terms of content and design. I am delighted that construction is finally starting now".

The architectural firm Stauth Architekten has been commissioned with the project. NINETY NINE Hotels, a subsidiary of the Centro Hotel Group in Hamburg, has already been confirmed as the hotel tenant. The Centro Group currently operates 53 hotels in 19 cities nationwide. The brand "NINETY NINE Hotels" is represented in Munich, Heidelberg and Wuppertal. Construction is scheduled to start in February 2020 with Köster GmbH acting as general contractor. Marketing will start in the course of this year. The project is expected to be completed in the first half of 2022. 

BEMA and ABG establish joint venture for North Rhine-Westphalia and purchase further projects

Düsseldorf/Köln, 24 January 2020 – Dusseldorf-based BEMA Group and ABG Real Estate Group, Munich, have now established a joint venture which comprises an exclusive cooperation agreement for all project developments in the German state of North Rhine-Westphalia, with a focus on Cologne, Bonn and Dusseldorf. BEMA’s focus lies on acquisition and conception, while ABG attends to financing and realisation. BEMA and ABG are thus combining their respective expertise, competence and presence in this sub-market to achieve greater strength and efficiency.

Both companies are currently already cooperating on a joint-venture basis on three projects in Dusseldorf – namely the Smart Office project in Airport City (around 16,500 sqm), the project H2 Hotel with 250 rooms in Toulouser Allee and the mixed-use TRIGON project (office, hotel, multi-storey car park with a total of 36,700 sqm) in Schiessstrasse in the district Heerdt. The projects SMART OFFICE and H2-Hotel are all already under construction, the TRIGON in the building permit phase. In addition, a southern section of the urban development project Le Quartier Central and the SILIZIUM, European headquarters of HUAWEI, both in Düsseldorf, have already been developed in the past.

Moreover, two more projects have already been acquired and will be developed through the joint venture in the coming years:

  • One of these is the existing property at Yorckstrasse 19 in Dusseldorf’s Derendorf district, with around 30,000 sqm of gross floor area, which is currently still let under short-term contracts to HSBC Bank and the FitX fitness studio. Due to the excellent structural fabric of the building, it will be repositioned in 2021 under the project name New Yorck to be used as new office space with campus character. The property also includes 440 parking spaces. The vendor is Ashtrom Properties Germany GmbH, Dusseldorf. Estate agents Aengevelt Immobilien GmbH & Co. KG, Dusseldorf, managed the sales process. Beiten Burkhardt provided legal and tax advice to BEMA and ABG. 
  • At the same time, a property was acquired in Cologne’s Ehrenfeld district at Oskar-Jäger-Strasse 99, on the corner at Melatengürtel, with an area of approximately 14,300sqm sqm. Here, new planning permission for an office property is being worked on, to be realised in two construction phases as of 2023. 

The project volume of the joint venture thus already amounts around € 580 million. 


New appointments to strengthen ABG Real Estate Group

Frankfurt/Main, 20 January 2020 – ABG Real Estate Group, Munich, has today made three personnel announcements.

  • As of January 2020, the contract of Mr Guido Wiese (53) as Managing Director of ABG Development will be extended for another five years. Mr Wiese, a graduate engineer (Diplom-Ingenieur) has been with ABG since 2014 and currently holds primary responsibility for two major projects – Voltair in Berlin and the new Deutschlandhaus in Hamburg. Before joining ABG, he held various management positions, including at LIP – Ludger Inholte Projektentwicklung GmbH, Hamburg, and Drees & Sommer, Stuttgart. 
  • Graduate economist (Diplom-Volkswirt) Günther P. Schleip (52) has joined ABG in January as Head of Investments for the ABG Capital division in Frankfurt. He will be working very closely with Managing Partner Ulrich Höller. Mr Schleip has almost 20 years of experience in the institutional real estate business. Most recently, he was responsible for initiating and marketing US real estate funds for institutional investors, in cooperation with Texas-based Lincoln Property Company, Dallas. Previously, he held senior positions at CORPUS SIREO Real Estate GmbH, Cologne, and Bavaria Immobilien Beteiligungsgesellschaft (a subsidiary of former Bankgesellschaft Berlin). 
  • Thomas Stenke (60), also a graduate engineer, joined ABG in November 2019, as a Senior Project Manager at ABG Development. He joined from the general contractor W. Markgraf GmbH & Co. KG Bauunternehmung, Bayreuth, where he had worked for 15 years. Previously, he had been employed – also for 15 years – at GU Baresel AG, Leinfelden-Echterdingen, which today forms part of the Köster Group. 

Ulrich Höller, Managing Partner of ABG, said: “I am delighted that with Guido Wiese, we were able to attract a key management personality for the long term, together with two highly qualified new employees. All of them will contribute to continuing the dynamic development of ABG.”

Ulrich Höller joins ABG as Managing Partner

Frankfurt, 8 January 2020 – As from 1 January 2020, Mr Ulrich Höller has joined ABG Real Estate Group, Munich (previously known as ABG Allgemeine Bauträgergesellschaft mbH & Co. Kommanditgesellschaft, Munich) as Managing Partner. 53-year-old Mr Höller will be responsible for leading ABG's operations as the company's CEO and will be based in Frankfurt, where ABG is represented by a separate entity. For the past five years, Mr Höller has been at the helm of GEG German Estate Group AG, first as Chairman of the Management Board and most recently as Chairman of the Supervisory Board. Since 2015 he has built up GEG into a company holding a real estate portfolio now worth more than €4bn.

In overseeing ABG’s operations, Mr Höller follows in the footsteps of entrepreneur Dr Walter Wübben, age 74, who will step back to his role as a shareholding partner. As planned, Dr Rainer Sticken, age 69, will leave ABG for reasons of age in spring 2020, making Dr Wübben and Mr Höller the sole shareholders.

With the arrival of the year 2020, ABG has changed its name to ABG Real Estate Group and modified its corporate structure to form three divisions. The core business, ABG Development, is responsible for project developments and their implementation. ABG Immobilienmanagement is the division for rental, financing and asset management, while ABG Capital covers the investment business (including third-party investors). This organisational set-up allows for a clear focus and sharpening of the company's core competencies.

A fresh website, including detailed information on current ABG projects, will go live in mid-January 2020.

About Mr Ulrich Höller:

  • With degrees in business administration and real estate economics, Ulrich Höller has served in management positions across the real estate industry since 1991. 
  • He started at a young age as Managing Director of a project development company with operations all over Germany. 
  • For 15 years, he held the reins of DIC Asset AG as CEO of the Management Board; in 2006, he took DIC Asset AG public. 
  • In 2015, he then joined GEG German Estate Group AG as Chairman of the Management Board, turning the company into a leading investment and asset management platform for commercial property. 
  • In the course of his career, he has been responsible for prominent project and urban district developments across Germany, including spectacular landmark projects with a particular focus on Frankfurt/Main. 
  • He contributes his expertise to numerous supervisory boards and advisory committees across the industry, e.g. to the German Property Federation (ZIA), in which he serves on the Executive Board and as Vice-President.
  • In 2009, the Urban Land Institute bestowed its ULI Germany Leadership Award upon Mr Höller. 
  • In 2012, he received the MIPIM Award in Cannes, together with DIC Asset AG, for the MainTor development in Frankfurt am Main. 
  • In 2013, the jury of the Immobilienwirtschaft specialist journal chose him as Real Estate Head of the year.



ABG Group delivers hotel at “KONRAD” building to operator

Hamburg, 20. September 2019.   ABG Group has delivered the hotel part of its project development “KONRAD” to the operator. Wiesbaden based Bierwirth & Kluth Management GmbH had opened the Courtyard by Marriot branded guesthouse at Adenauer Allee yesterday in test mode. The four star hotel with 277 rooms aims primarily at business and leisure travellers. Thanks to its vicinity to the city centre as well as a good transportation connection, operator Bierwirth & Kluth expects an occupancy rate of 75,000 stays and 80,000 guests per year. The comfortable rooms impress with design and offer a modern home for a time. At the restaurant “Böckmann’s – Daily food market” guests can order regional and seasonal specialities from fresh, high quality and sustainable production. Fresh highlights changing on a weekly basis, a Tatar Bar and the “Courtyard Classics with a twist” add to the menu. Furthermore the Hotel’s Bar offers the right framework to let the evening fade away with a drink or a cup of coffee in a cosy atmosphere.

ABG developed the ensemble consisting of a Hotel and a Residential part on a 4,100 m² plot in Hamburg’s St. Georg district. The project came to be near the city centre and the central station with approximately 23,000 m² gross floor area above ground and 175 underground parking slots, following architectural plans by Störmer Murphy and Partners, Hamburg. Besides the seven storey hotel a 60m high residential tower is part of the ensemble and offers room for around 113 apartments ranging from 25 to 100 m² in size.

The construction works are being carried out by W. MARKGRAF GmbH and had started in the third quarters of 2016. In May 2018 Zurich Group Germany purchased “KONRAD” in a forward deal from ABG Group. Thee month later in August the project partners where able to celebrate the topping out. Construction works are planned to finish in September 2019.

Hamburg: ABG Group finishes residential construction project Blanche No. 83

Hamburg, 30. Juli 2019. The residential construction project Blanche No. 83 has been completed. ABG Group sold the last apartment this July. This means all flats have found a new owner.

With Blanche No. 83, ABG Group developed 24 owner-occupied flats ranging from 64 to 228 m²in size as well as 42 underground parking slots in Hamburg-Othmarschen. The exclusive residential ensemble consists of four solitaires with a Hainbuche tree creating a park like atmosphere in their centre. Façades with natural stone continue this impression. This high quality is also represented in the interior: The furnishing includes 2.80 metre high ceilings, real wood parquet flooring with underfloor heating, high-class bathrooms as well as options for chimneys for all bigger flats. Spacey balconys and loggias as well as penthouses with roof terraces open up panoramic views and top off the exclusive concept.

ABG and BÜSCHL lay foundation stone for LIVING ISAR residential project in Munich

Munich, 2 July 2019.   Munich-based ABG Group and the BÜSCHL Group today celebrated laying the cornerstone for their residential development LIVING ISAR. With about 200 guests at the former OSRAM site looking on, trowels were wielded by Munich’s Chief Planning Officer Prof. Elisabeth Merk, Dr Rainer Sticken, Managing Partner of the ABG Group, Ralf Büschl, Managing Partner of the BÜSCHL Group, architect Prof. Manfred Ortner, Heico Zirkel, CEO of Gustav Epple Bauunternehmung, and Clemens Bumgärtner, Chairman of the Untergiesing-Harlaching District Committee and Head of Munich’s Economics Department. Work on the 31,500 m² site, for which the Gustav Epple company is the general contractor, began in January 2019. Guests saw for themselves the rapid progress made since then. Today’s cornerstone ceremony marks the beginning of the southern construction phase. The project partners plan to finish the first units in summer 2021, with the whole project scheduled for completion by the end of 2021.

“With our LIVING ISAR project we and the BÜSCHL Group are creating what for Munich is a unique neighbourhood,” explains Rainer Sticken. “The way the buildings are aligned creates an unparalleled layout of the areas. The majority of the first wave of apartments to go on the market have been sold or optioned right at the outset, and that shows that the project concept is a success with our customers as well.”

“LIVING ISAR” on the former OSRAM site in Munich’s Giesing district will see about 420 homes built as well as space for businesses and two child day care centres. Parts of the residential units will be given over to publicly funded housing. The architectural design by Ortner + Ortner Baukunst of Berlin sets store by a linear, modern impression. The building structures form five complexes, giving the development an open character which, added to the lush landscaping, makes for a high amenity value. The development’s central green area will be connected to the Isar meadows, creating a large public space between the built areas.

ABG Group acquires plot in Cologne Ehrenfeld

Cologne, 7 March 2019.   ABG Group has acquired a property 6,900 m² in size in Cologne’s Ehrenfeld district. Currently an existing building and parking spaces are present on the plot. After all tenants have moved out, ABG Group plans to develop and upgrade the premise.

“Since some time now Ehrenfeld has been one of the most aspiring districts in 
Cologne – a lot has changed here already”, Marcus Müller ,General Manager Cologne of ABG Projektentwicklungsgesellschaft, explains. “With our Ideas we are trying to further upgrade the district.” ABG plans to discuss the exact development opportunities, in detail with the City of Cologne. “We are right now evaluating the most promising concepts for developing the location. While doing so, we are taking into account the zoning plan as well as the current market situation. At this location a hotel of different brands or an office building in line with the market’s and location’s needs might be suitable”, Müller says. 

On the former plot of the Bundesverband der Deutschen Industrie at Gustav-Heinemann-Ufer in Cologne, ABG Group already developed an office and living complex in the past. The project’s highlight is the 50 m residential tower in its centre.

Construction begins on office building VOLTAIR in Berlin

  • Architecture highlight by ABG group and Felix Gädeke moves to realisation phase
  • Completion of the building with 31,000 m² is scheduled for 2021 

Berlin, 20 February 2019.   The investment collective comprising of ABG Group and Felix Gädeke has begun construction on the office building VOLTAIR in Berlin. After receiving the construction permit in the winter of 2018 the realisation phase starts now. Construction on the foundation pit and the substructure have begun End of 2018 and are being conducted by Berger Grundbautechnik GmbH. Completion of the building located at Voltairestrasse in Berlin-Mitte is scheduled for 2021. The project development will be named VOLTAIR for further marketing. The name is based on the building’s spectacular, light architecture.

“With VOLTAIR we are developing a first class office and commercial building right in the heart of berlin”, explains Guido Wiese, Managing Director of ABG Allgemeine Baubetreuungsgesellschaft mbH. “Its one of a kind architecture will after its completion enrich the Capital’s skyline. Thanks to the good collabortation with the City of Berlin we could achieve the construction permit in a short time. Therefore we were able to also start the construction in a short time”, Wiese explains further. His colleague Gordon Gorski, Managing Director ABG Projektentwicklungsgesellschaft, adds: “We already received tangible letting enquiries. We are happy for this great interest even before construction begun. It shows that we created a sought after offer with our development.”

Felix Gädeke: “With VOLTAIR we offer a concept tailored to the needs of Berlin’s office market. The floorplans fit the requirements of modern tenants. They offer our tenants and their employees flexible space for a creative designing and using of their work environment.” For instance all workplaces, despite being oriented inwards or outwards, can be realised equally, Gädeke says. “The location and architecture of the building is address generating in Berlin-Mitte, right next to Alexanderplatz. Crossing the Jannowitz bridge, Kreuzberg is just a stone’s throw away.” Furthermore thanks to stops of all important public transports in direct vicinity, the connection to the building is excellent, Gädeke adds.

With VOLTAIR, ABG Group and Felix Gädeke are creating an office building with approximately 31,000 m² gross floor area. The architectural design by J. MAYER H. and partner is characterised by an overlapping, cubist, three-dimensional façade. Through a receding fugue it enters into a dialogue with the city. This caesura, spanning three storeys, traverses the façade and is partially connected in the affected storeys. It offers future users a high quality of stay with a variety of communication and outdoor areas. In addition to the office space, retail and catering spaces on the ground floor as well as an underground car park with 90 parking spaces are being built.

Construction begins on LIVING ISAR project in Munich on former OSRAM site

Munich, 29 January 2019.  Construction has begun on the LIVING ISAR project at the former OSRAM site by the Munich ABG Group and the BÜSCHL Group. General contractor for the construction work is Gustav Epple Bauunternehmung GmbH of Stuttgart. Work to dismantle the existing building and excavate the building pit for the project in Munich’s Untergiesing district began last year and is now complete.

“In LIVING ISAR we are converting a site with a long history as an industrial area into urgently needed residential accommodation in Munich,” explains Veit Oppermann, Managing Director of ABG Projektentwicklungsgesellschaft mbH. “With its immediate proximity to the Isar meadows and excellent transport connections, this will be an attractive place to live.”

“As an investor you always have an added social responsibility for the development and its neighbourhood,” says Ralf Büschl, Managing Partner of the BÜSCHL Group. “The improvements we are making here through LIVING ISAR include building two child day care centres.”

Carsten Faust, Managing Director of ABG Allgemeine Baubetreuung, adds: “Projects of this magnitude always pose a challenge. So we are glad to have secured Gustav Epple as an experienced partner for the building construction. We are already working together successfully elsewhere, and so I am confident that our new project will also be a success story.”

On the approx. 32,000 m² site of LIVING ISAR around 420 homes are set to be built as well as space for businesses and two child day care centres. Parts of the residential units will be given over to publicly funded housing. The architectural design by Ortner + Ortner Baukunst of Berlin sets store by a linear, modern impression. The building structures form five complexes, giving the development an open character which, added to the lush landscaping, makes for a high amenity value. The development’s central green area will be connected to the Isar meadows, creating a large public space between the built areas.


ABG Group appoints Carsten Faust to management of construction support division

  • Construction engineer succeeds Angelika Remmert-Stuckmann

Munich/Cologne, 6 November 2018. The ABG Group has announced a change in the management of its construction support division. Carsten Faust, an experienced expert in the field, takes over as Managing Director of Munich-based ABG Allgemeine Baubetreuungsgesellschaft mbH. The 53-year-old from Düsseldorf succeeds the architectural engineer Angelika Remmert-Stuckmann, who retired from active professional life at the end of October. She will continue to support the company in an advisory role, however. The engineer Guido Weise continues to be part of the management team alongside Faust.

“We have gained an experienced colleague in Carsten Faust. He has repeatedly proved his expertise throughout his long career, and we are glad to have found such a well-qualified successor to Angelika Remmert-Stuckmann,” said ABG principal shareholder Dr Walter Wübben. “At the same time we are sorry to be losing such a valued colleague as Angelika Remmert-Stuckmann. In her 20 years with ABG she has successfully implemented numerous projects and been a decisive factor in the positive development of the company. We are extremely grateful to her and wish her all the best for her well-earned retirement,” he continued.

In future Faust and his 15-strong team, based in Cologne, will be primarily responsible for the technical implementation of ABG projects. In this capacity he will look after the branch offices in Frankfurt, Cologne and Munich. The responsibilities of the man from Düsseldorf include the H2 hotel on Toulouser Allee in Düsseldorf – a joint project with BEMA – as well as the LIVING ISAR neighbourhood development on the former Osram site in Munich.

Faust began his career with HOCHTIEF in Essen in 1991. Joining the company as a planning engineer, he progressed through several roles, finally rising to project manager. Faust, who has a degree in construction engineering, then moved in 2003 to become General Manager of mfi AG in Essen (today mfi Development GmbH, Düsseldorf). For over 14 years he was responsible there for implementing the construction of various new shopping centres and neighbourhood developments, from getting planning permission to completion and handover – most recently the development of Southern Überseequartier in Hamburg.

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VIVAVEST creates new living space at Worringer Strasse in Düsseldorf

  • The property company acquires the urban quarter development of the joint venture partners BEMA and ABG Group for its own rental services.

Düsseldorf, 10. October 2018 – The large property company VIVAWEST headquartered in North Rhine-Westphalia secures the urban quarter development in the area Worringer Strasse / Gerresheimer Strasse with approximately 450 apartments. The building plot approximately 18,350 m² in size at the former company grounds of the Deutsche Bahn is the most southern plot of “Le Quartier Central” in Düsseldorf and extends the newly created urban flair of the quarter. According to Düsseldorf’s “Handlungskonzept Wohnen” (“action concept living”), around 20 percent of the apartments will be price bound, more specifically publicly subsidized.

High living quality due to integrated urban quarter development
The architects behind the development’s design are the internationally well-known KSP Jürgen Engel architects. The plans seek to develop six to eight storey apartment buildings with a shared underground parking garage with 220 parking spaces. The buildings will offer apartments with one or up to four rooms, while two to three room apartments will be most common. Furthermore, a nursery and a daycare center are being planned.

Marno Matthäs, BEMA Group’s managing partner, sees an increase of quality of life with the development of the urban quarter at Worringer Strasse: “We are a project development company that specializes in the sustainable, architecturally demanding realisation of urban quarters and building construction. In VIVAWEST we have found a reliable and competent partner with accounted expertise and who shares our aspiration of a holistic urban quarter development.” Angelika Remmert-Stuckmann, managing director of ABG Allgemeine Baubetreuungsgesellschaft adds, “Considering the current situation on the housing market in Germany, high quality urban quarter developments are more important than ever. For our project at Worringer Strasse, we have two strong partners in BEMA and VIVAWEST who share our high standards for project quality and sustainability. Therefore, I’m sure the development will be a success.”

Affordable housing enables sustainable city development
Thomas Geisel, first mayor of Düsseldorf, is pleased by the project partner’s cooperation: “The development of the new urban quarter by VIVAWEST is a benefit for Düsseldorf and helps in creating urgently needed and affordable living space.”

Claudia Goldenbeld, managing director of VIVAWEST, attaches great and increasing value to Düsseldorf’s location as well: “We are satisfied to continue together with our project partners BEMA Group and ABG Group the long lasting and good partnership with the City of Düsseldorf and contribute to the development of the city with this housing project. The new construction of rental apartments and the creation of living space are of great importance to us. In the coming years, we will further increase our investments in the Ruhr area as well as along the Rhine River and in the Münsterland. Between 2018 and 2022 we will create more than 5,000 new rental apartments in North Rhine-Westphalia.”

VIVAWEST is also very active in other areas of the state capital. The company currently develops the Schöffenhöfe quarters with 11 multi-dwelling houses and 370 apartments in the Oberbilk district. In Düsseldorf’s Benrath district the cornerstone for the project development “Mühlenquartier” with 364 rental apartments was laid lately. VIVAWEST will take them into management after the project is finished.

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Senate Building Director Regula Lüscher tops out Humboldthafen residential and office development

Hamburg/Berlin, 27.09.2018

In a topping-out ceremony this afternoon for two residential and office buildings at Humboldthafen, Berlin’s Senate Building Director Regula Lüscher joined in the hoisting of a garland of grain atop the development. The buildings, situated opposite the Hamburger Bahnhof and Berlin’s main station, are being built to award-winning plans by Hadi Teherani Architects.

A total gross floor area of around 43,000 m² is being created in this top-class waterside location opposite the government quarter. The development comprises 188 rental apartments, about 9,200 m² of office accommodation – already fully let – and around 5,600 m² of retail and catering space. There will also be 170 underground parking spaces. The orientation of the apartments and bar and restaurant areas towards the harbour basin guarantees a spectacular view across the water of the Reichstag building and Federal Chancellery. Meanwhile the development’s office and retail areas on Invalidenstrasse face the cultural and museum district around Hamburger Bahnhof.

Completion of the two buildings is scheduled for the first half of 2019.

In her address, Senate Building Director Regula Lüscher emphasised the building’s particular location and architecture. “It’s not just a matter of filling an important gap site in the new Berlin this is also a location of considerable representative importance for the city. Given the central station opposite and the sightlines to the government quarter, the architecture of the building plays an important role. We’re delighted that visitors to Berlin in future will be greeted by appealing architectural design.”

Ludger Inholte, Managing Partner of LIP Ludger Inholte Projektentwicklung, said: “The border between East and West once ran down the middle of Humboldthafen. There’s no trace of that to be seen today, and it certainly can’t be felt any more. On the contrary, the area around Berlin’s main station is getting more lively and exuberant by the day. We’re delighted to be contributing to the successful and forward-looking development of the Europacity location with these two buildings.”

“The particular structural quality on a premium site coupled with the balanced mix of residential, work, retail and catering uses make both properties especially interesting for us,” said Dr Michael Leinwand, Chief Investment Officer of Zurich Gruppe Deutschland. “The two residential and office buildings at Humboldthafen were an ideal fit for our portfolio even when they were still on the drawing board.”

“Despite a few teething troubles, we’re still within the planned timeframe and budget for this construction project. Its success is evident both in the major interest from tenants and the fact that, in Zurich Gruppe Deutschland, we were able to secure a first-class, appropriate final investor at a very early stage,” said Dr Rainer Sticken, Managing Partner of ABG Allgemeine Bauträgergesellschaft mbH & Co. KG, summarising the status of the project.

LIP Ludger Inholte Projektentwicklung is responsible for planning, project management and construction of ambitious property developments throughout Germany. LIP's services cover the whole property development value chain. The group's core expertise lies in reconciling efficiency and cost-effectiveness with sophisticated architecture and high quality. LIP's focus is on complex, mixed-use commercial property and residential property with an emphasis on development in the major German cities of Hamburg, Berlin, Cologne, Düsseldorf, Frankfurt and Munich.

Since it was founded in 1967, ABG Allgemeine Bauträgergesellschaft mbH & Co. Kommanditgesellschaft, with offices in Munich, Cologne and Hamburg, has built major office, residential and retail developments for a sophisticated group of private and company investors in top locations in Berlin, Frankfurt, Hamburg and Munich as well as in other large regional centres in Germany. Planning is always driven by the goal of combining contemporary sophisticated architecture with the highest degree of functionality and profitability. The actions of the ABG Group are always characterised by profound knowledge of the market, great experience and the highest degree of professionalism – the deciding factors when it comes to creating properties of lasting value and continuing potential for growth. As an owner-operated company, the ABG Group benefits from short decision-making processes and considerable room for manoeuvre, enabling it to put its strengths to the test time after time, major high-capital projects included.

ABG puts in building application for new construction of the “Deutschlandhaus” in Hamburg

  • Hadi Teherani reveals final architectural design
  • Green heaven in its spacious atrium invites to stay

Hamburg, 7 September 2018.
The new building of the “Deutschlandhaus” on Gänsemarkt in Hamburg’s City Centre will replace the existing one, built at the end of the 1920’s and designed by architects Fritz Block and Ernst Hochfelde. ABG Group, the owner of the property, is now preparing the building application. Hadi Teherani architects applied the last finishing touch to the building’s design planning, in close cooperation with the owner as well as Chief Construction Director Franz-Josef Höing, the District Office Hamburg Mitte and the Antiquities and Monuments Office. Besides the façade with its modern style of traditional “Kontor houses”, the design seeks to impress with an open to the public Atrium including a palm forest.

The design-based elaboration of the plans applies to the outside skin of the new “Deutschlandhaus” in particular. The façade, designed by Hamburg based Hadi Teherani Architects, is characterised by recognising the historic architecture as well as showing a great extent of individuality. Especially the window elements were reworked and a decision in favour for dark frames was made. Furthermore, the size, structure and colour of the brick façade’s stones were reworked. The stones will be laid in unusually long and flat dimensions and are specifically manufactured for this building.

Chief Construction Director appreciates final design plans
The impulse for deepening the individuality of the newly constructed building was given by Chief Construction Director Höing: “The design for the ‘Deutschlandhaus’ will give rise to a very unique contemporary building that will fill this prominent spot in Hamburg’s city geometry very self-confident.”

Hadi Teherani, managing partner of the architect’s office that won the workshop process back in October 2017: “The new ‘Deutschlandhaus’ resembles the elegance of the 1920’s ‘Bauhaus-Style’ architecture, yet in a self-confident and distinctive way it develops its own characteristics reflecting modernity.”

The newly constructed building whose gross floor area amounts to 40,000 m² will offer space for offices, retailers and gastronomy as well as 30 apartments on Valentinskamp.

“The final design plan completely satisfies us. It is the result of a successful process of coordination of planning with all parties involved. The next step will be to put in the building application,” says ABG’s managing director Guido Wiese.

Water basin and palm trees refresh the building’s centre
The Atrium is open to the public and resembles a Mediterranean atmosphere. Approximately 1,000 m² in size, the building’s centre will invite visitors to stay with lush planting like 20-m high palm trees, surrounding water basins as well as gastronomical offers. This exceptional quality of stay is housed under a translucent, 35-m high roof. “The concept of designing the heart of the new ‘Deutschlandhaus’ sets a calculated contrast to its surroundings,” explains Teherani.

In particular, after World War 2 and again at the end of the 1970’s, the construction of the historic “Deutschlandhaus” had been changed and modernised significantly. Therefore, the Antiquities and Monuments Office of Hamburg did not award the building the status of a monument. A thorough review of the construction in 2015 concluded that today’s requirements of working places as well as sustainability standards cannot be met with a renovation of the existing building.

The construction of the new building is planned to start in the first half of 2019.

Second H2 Hotel in Dusseldorf

Dusseldorf based BEMA Group and Munich based ABG Group together secure the last building plot on Toulouser Allee

Düsseldorf, 5 September 2018. With beginning of the construction works on the 1.984 m² plot in 2019, the joint venture develops the last free building plot of the urban quarters named “Le Quartier Central” at Toulouser Allee. The new H2 Hotel is seamlessly integrated into the urban concept of the former railway area. H2 is the budget and design oriented brand of The new guesthouse in Dusseldorf will offer Business travellers and families alike 250 guestrooms on seven floors, two underground car park floors and a modern gastronomy concept at a fair rate. The sustainable, architecturally demanding building features an open, light and modern design. Its opening is planned for end of 2020.

Innovative architecture meets urban hotel concept
Alexander Fitz, CEO of H-Hotels AG, is sure that the H2 Hotel’s concept goes down well in the city: “Dusseldorf offers high quality of life: Especially in the young trending quarters ‘Le Quartier Central’ we see a high potential for our brand H2 Hotels. We are happy that we have found two experienced and holistic specialists with BEMA and ABG. Both are known to realise projects with high quality and in a short timeframe.”

Next to its innovative design and functional room concept including four-bed rooms for families and groups, the new H2 Hotel in Dusseldorf will offer the gastronomy concept “H2 Hub” comprising bistro and lounge. This makes it a new comfort zone for travellers at fair prices.

Project development in a central location with high quality and short timeline
The development at Toulouser Allee is the final piece of the quarters and fits harmonically into the overall urban context. In addition, the cooperation of BEMA and ABG is a tried and tested setup: Apart from the office complex “Sillizium” - which is today’s headquarters of HUWAWEI and has been completed in 2014 - the partners currently develop the “SMART OFFICE” in the Airport City. Furthermore, they are realising a living quarters at Worringer Strasse in Dusseldorf as southern completion of “Le Quartier Central”. This 18.000 m² big plot will offer 450 apartments.

Topping out for ABG’s Hamburg project “KONRAD”

Hamburg, 30 August 2018. ABG Group yesterday celebrated the topping out of its hotel and residential project “KONRAD” in Hamburg. Many guests were present to see the garland of grain hoisted onto the apex of the building complex in the St Georg district. Their pleasure at the rapid progress of construction was evident in speeches by Markus Schreiber, Member of the Hamburg Parliament, Guido Wiese, Managing Director of ABG Projektentwicklungsgesellschaft mbH, Klaus D. Kluth, Managing Partner of hotel operators Bierwirth & Kluth Hotel Management GmbH, Guido Masmeier, Head of Real Estate Transaction at Zurich Gruppe Deutschland, and Johannes Zehend, Head of Structural Engineering at construction company W. MARKGRAF GmbH. The hotel and residential building is expected to be completed by early 2019.

“St Georg has been one of the really up-and-coming districts of Hamburg for some time,” said Wiese. “Our ‘KONRAD’ project will contribute to its positive development. In addition to its modern architecture, the building’s function as a hotel and residential development will help to make the area still more lively and attractive.”

Modern hotel in central location
The prominent flagship of the complex will be the Courtyard by Marriott Hamburg City. The four-star hotel will have a total of 277 rooms and offer an interesting programme for business travellers and tourists alike. Thanks to its proximity to the city centre – the central station is just a five-minute walk away – and its good transport connections, the hotel’s operators Bierwirth & Kluth anticipate high occupancy levels. Klaus D. Kluth: “I’ve made a quick estimate of how many overnight stays we can expect in the coming 20 years. We’re talking about 1,500,000 nights and 1,800,000 guests. I think they’re extraordinary numbers, and they underline just how important resilient, high-quality construction and a location close to an attractive city centre are.”

Living high above the roofs of Hamburg
A residential high-rise about 60metres tall stands next to the hotel. It will house a total of 113 apartments for rent, with sizes ranging from 25 to 150 square metres. Residents of the upper stories will have the bonus of an impressive panorama of the Hamburg city centre, Alster and Elbe. The modern apartments have balconies and roof terraces that will provide for open-air living above the roofs of Hamburg.

“Investing in ‘KONRAD’ underlines the Zurich Insurance Group’s strategy in Germany of investing for the long term in core real estate in well-established, attractive locations,” says Guido Masmeier, Head of Real Estate Transaction at Zurich Gruppe Deutschland. “The residential and hotel asset classes are part of the consistent diversification and expansion of our portfolio.”

“KONRAD” – a modern complex for Hamburg
With “KONRAD” the ABG Group is developing a modern hotel and residential building on a 4,100 square meter site on Adenauerallee. It is named after the former German Chancellor Konrad Adenauer, who also gives his name to the broad approach road from Hamburg’s east to the inner city on which the complex stands. The architectural design by Störmer Murphy and Partners, Hamburg, provides for about 23,000 square meters above ground on this site close to the city centre and main station. The modern complex comprises a 60-metre-high residential tower and adjacent seven-storey block building. “The different facets of this location were significant challenges for the project: here small-scale homes come up against office buildings of various scales. The task was to create a connection,” explains Holger Jaedicke, Managing Director of Störmer Murphy and Partners. “Now the Hamburg skyline is enhanced by a striking high-rise towards Adenauerallee while the building’s varied staggered heights mean that it fits well into the neighbourhood.”

In addition to 8,300 square metres of residential space and 7,700 square metres leased to the hotel, plans also provide for underground parking for 175 cars and 289 bicycles. The four-star hotel in the Courtyard by Marriott chain will be operated by Bierwurth & Kluth Hotel Management GmbH from Wiesbaden. In May 2018 Zurich Gruppe Deutschland purchased the “KONRAD” from ABG Group as a forward deal. Following completion it will be the new owner of the complex.

Foundation stone laid for ABG Group’s TRULIVING residential project

Munich, 4 July 2018. The foundation stone has been laid for the ABG Group’s TRULIVING residential project in Wasserburger Landstraße in the Trudering district of Munich. The city’s Head of Planning, Prof. Dr.(I) Elisabeth Merk, Robert Neuberger, Managing Partner of Maier.Neuberger.Architekten, Heico Zirkel, Director of Gustav Epple Bauunternehmung GmbH, and, representing the developer, ABG Group Director Angelika Remmert-Stuckmann all took turns to wield the trowel at the ceremony on 4 July 2018. Completion of the project is planned for late 2020. The 151 apartments – 16 of them privately owned apartments attracting Munich’s “Eigenwohnraum” support and 30 of them apartments for rent subsidised under the income-related EOF scheme – have already gone on sale.

With its TRULIVING project, the ABG Group is developing a modern residential complex on one of the last unbuilt spaces between central Trudering and the built-up area south of Wasserburger Landstraße. The building’s architecture is characterised by projections and recesses, leading to maximum privacy on the many loggias, balconies and roof terraces. An additional overarching design feature uniting the buildings is the recurring theme of horizontal channels in the plaster and horizontal metal planting elements. The total floor area of 15,600 m² is divided into 151 apartments with between one and a half (one normal-sized, one small) and five reception rooms and bedrooms. High-quality features and fittings such as floor to ceiling windows or natural wood parquet flooring are standard at TRULIVING. Under floor heating, superior bathroom design with modern fittings and sanitary ware and a video intercom system complete the appointments. The outdoor facilities are of an equally high quality: In the plans are a 3,500 m² public green space bordering the development to the north. The formerly private area will in future act as a link between the local shopping centre and the community centre. As well as generous parking facilities for bicycles, there will be an underground car park with space for 143 cars and two car sharing parking bays above ground.

ABG Group only recently completed one of its other residential developments in Munich, “Park Cubes” in the city’s Schwabing district. The project created a total of 63 apartments for sale. In addition, ABG is currently developing the “Living Isar” city complex on the former Osram site in the Untergiesing district of the Bavarian capital. The project partners are planning a new neighbourhood with homes, child daycare and commercial units for the approx. 32,000 m² site.

Hamburg: ABG Group’s real estate project "KONRAD" sold to Zurich Group Germany

Hamburg, May 22, 2018 - The ABG Group has sold its hotel and residential project "KONRAD" as a forward deal. The purchaser of the property on Adenauerallee in Hamburg’s St. Georg district is Zurich Group Germany. Both parties agreed not to disclose the purchasing price. The broker Grossmann & Berger accompanied the transaction. The ABG Group was supported by the law offices Wagensonner Rechtsanwälte (Wagensonner attorneys) and ALR Wirtschaftsprüfer (ALR chartered accountants), the law office Luther Rechtsanwälte (Luther attorneys) supported Zurich Group Germany.

"As a result of a recently completed transaction with the Zurich Group Germany we could perform the negotiations on our 'KONRAD' project in a particularly trusting atmosphere," comments Bernhard Visker, ABG Group’s Managing Director, on the conclusion of the purchase agreement. Guido Wiese, Managing Director of ABG Projektentwicklungsgesellschaft mbH, adds: "We are pleased to now continue our successful cooperation with the Zurich Group Germany in Hamburg".

"This acquisition emphasises our strategy of long-term investments in core properties in established and attractive locations. With the asset classes residential and hotel, we are consistently pursuing further diversification and expansion of our portfolio," says Guido Masmeier, Head of Real Estate Transaction of Zurich Group Germany.

With 'KONRAD', the ABG Group is currently carrying out a modern hotel and residential building. The project site in Hamburg with 4,100 m² in size is located not far from the city centre and the central station. The architectural design by Störmer Murphy and Partners, Hamburg, provides for a seven-storey hotel building and an almost 60-meter-high 17-storey residential tower. Together, the gross floor area of the two parts of the building amounts to almost 23,000 square meters above ground. After completion, the block building will house a four-star hotel branded Courtyard by Marriott with 277 rooms that is operated by the Bierwirth & Kluth Group from Wiesbaden. In the high-rise building, 113 rental flats ranging in size from 30 to 150 m² of living space are being built. The apartments on the upper floors offer a special highlight: their future residents enjoy a view of Elbe and Alster. An underground car park with 175 parking spaces tops off the property's concept. Overall completion is scheduled for early 2019.

ABG Group and Felix Gädeke started Joint Venture to develop „Volt“ in Berlin

  • Architecural highlight is characterised by a “cracked” façade

Berlin, 22.03.2018. ABG Group and Felix Gädeke have started a Joint Venture and are now going forward together with developing the “Volt” project in Berlin. Today the project partners revealed the news. Prior to the co-operation, Gädeke’s former project partners backed out of the project. ABG and Gädeke are looking to develop an office building with approx. 31,000 m² gross floor area. The expressional architectural design by J. MAYER H. und Partner, Berlin, is characterised by a setback joint-storey. It traverses the façade like a “crack” and is being planned as a special zone with outside areas.

Around 6,550 m² in size, the plot of “Volt” is situated at Voltairestraße between Alexanderplatz and Spree River in the Berlin City Centre. Retail and catering spaces on the ground floor will accompany the building’s office space that can be flexibly split starting from 400 m². In addition 90 underground parking spaces guarantee room for private transport.

As a highlight, a setback joint-storey decorates the whole building at the height of the urban railway viaduct. However, in case of “Volt” this is more than optics. The joint-storey partly connects to the levels above and below it and offers future tenants a high quality of stay, thanks to its greening and the surrounding outside areas. Combined with its flexible office spaces, the building is especially suitable for start-ups, co-working spaces or corporate’s digital hubs. There are already many serious inquiries of possible tenants, the project partners state. ABG Group and Gädeke are planning to start the construction works end of 2018/beginning of 2019. Going from there, the completion could be possible for end of 2020.

ABG Group hands over “ParkCubes” apartments to buyers

  • House building project in Munich meets highest sustainability standards

Munich, 19.03.2018 – The ABG Group has completed its “ParkCubes” house building project in Munich. At the end of February the company handed over the apartments to the buyers. It took 22 months to build the 63 privately owned apartments on the 3,700 m² site in the Schwabing district – 16 of them with so-called “Munich Model” funding. Additionally the complex offers underground parking for 63 vehicles.

“We are very pleased about the completion. We handed over all the apartments to the buyers on time and smoothly. The first residents have already moved in,” says Veit Oppermann, Managing Director of ABG Projektentwicklungsgesellschaft mbH.

The ABG Group bought the plot, on the site of the former Funk Barracks in Max-Bill-Strasse, from the City of Munich in 2015. The company developed a total of around 5,600 m² of living space on the site, close to the “Englischer Garten” and the city centre. The apartments, with between one and four rooms and ranging in size from 36 m² to 144 m², are spread across four blocks. The buildings, between four and six storeys high and designed by Grassinger Emrich Architects of Munich, fulfil the highest sustainability standards, complying with KfW40-Standard (EnEv 2009). Thanks to a photovoltaic system on sections of the roofs, the buildings also generate as much power as residents use. That means the “ParkCubes” achieve a level primary energy balance.

In addition to the completed “ParkCubes”, the ABG Group is currently developing other residential projects in Munich. The company’s “TruLiving” project is creating about 120 privately owned apartments in the Trudering district. Construction of the project in Wasserburger Landstrasse is expected to get under way at the beginning of the second quarter of 2018. ABG Group also acquired the former Osram site in Untergiesing district. Together with the Büschl Group, the company is planning a new neighbourhood, called “LivingIsar”, with apartments, child daycare facilities and commercial units on the approx. 32,000 m² plot.

LIP and ABG let office space in Humboldthafen Berlin

Hamburg/Berlin, 13.02.2018

More than 50 per cent of the office space in the H3/H4 building complex developed by the LIP Group and ABG Group at Berlin’s Humboldthafen have already been let – more than a year before completion. Acrolinx GmbH, currently based in Friedrichstrasse, will be moving into its approx. 2,200 m² in the first quarter of 2019. A further 2,500 m² have been rented by a globally active business and IT consultancy which is also due to move in in the first quarter of 2019. The residential and commercial premises developed in a joint venture by LIP and ABG are situated in the immediate vicinity of the main train station and the historic Humboldthafen in Berlin’s Mitte district. A diverse mix of office, residential, retail and catering capacity is coming into being on the plot. 

The prizewinning design of the H3/H4 group of buildings is by Hadi Teherani Architects of Hamburg. A total gross floor area of around 43,000 m² is being created by LIP and ABG in this top-class waterside location opposite the government quarter. In addition to about 9,200 m² of office accommodation, around 190 rental apartments and 170 underground parking spaces, there will be around 5,600 m² of retail and catering space. Tenants who have already secured space here include EDEKA, a Rossmann drugstore plus several food and drink chains including L’Osteria, coffee fellows and Otto’s Burger. Completion of the premises is scheduled for the first half of 2019. 

“After early letting of the ground floor and gallery space to well-known retail chains and caterers, we can now welcome the successful completion of the first office rental contracts,” says Michael Jordan, Managing Director of LIP Ludger Inholte Projektentwicklung. “The fact that Acrolinx and a global consultancy firm have taken space confirms us in our belief that the location is ideal for service providers from different branches who value the benefits of excellent local and long-distance transport connections as well as a highly attractive property. The complete letting of the H3 building about 12 months before planned completion means that more than 50% of the total office space in the H3/H4 complex has already been let to prestigious companies. Interest remains high, and we have many further parties interested in tenancies.”

“We began building at Humboldthafen without any pre-letting. We are delighted that our courage is now being rewarded, with over half the total rental space spoken for more than a year before completion. We have the outstanding qualities of the location and the project to thank for that. Considering the current dynamics of the Berlin market for office space, we also expect to be able to let the remaining offices soon. We are already in discussions with many interested parties,” adds Guido Wiese, Managing Director of ABG Allgemeine Baubetreuungsgesellschaft mbH.

Ulrich Callmeier, CTO and COO of Acrolinx GmbH, says: “We are looking forward to our new base, ideally situated in Europacity. It will give us a high-quality answer to our need for more space as a result of company growth. Following our very positive experience with LIP at our current location, we are looking forward to working with LIP again there as a tried and tested partner.”