Hamburg/Frankfurt am Main, 18 November 2022 – DEUTSCHLANDHAUS to house an Aston Martin flagship store: ABG Real Estate Group, which is developing the landmark project in Hamburg, has concluded a long-term rental agreement with authorised Aston Martin dealership, Nord-Ostsee Automobile. From the second half of 2023, visitors will be able to admire the legendary British manufacturer’s sports cars in the showroom measuring approximately 400 sqm, located on the ground floor of the iconic new building at the historic Gänsemarkt.
Overall, ABG DEUTSCHLANDHAUS will offer more than 40,000 sqm of flexible space for offices and other complementary uses, such as gastronomy, retail and residential. A highlight of the new building is the approximately 1,200 sqm palm hall, which is crowned by a light-flooded roof dome of nearly 40 metres. The basement provides space for 321 bicycles and 163 cars. This diverse mixed-use development at the DEUTSCHLANDHAUS complex is also reflected at Am Valentinskamp, where 30 residential units with a total of 2,800 sqm of space are currently under construction. Haspa, as the landmark’s principal tenant, had already taken a 15-year lease in early 2022 for office and commercial space totalling around 30,800 sqm, plus 1,600 sqm for a Haspa neighbourhood branch. Other tenants in DEUTSCHLANDHAUS include the Block House restaurant chain, which has secured space on the ground floor alongside Nord-Ostsee Automobile. The property will offer even more retail and presentation space on the ground floor going forward, for which ABG is set to launch marketing.
Total investment volume for the landmark building, which is expected to be completed by autumn 2023, amounts to approximately €480 million.
The DEUTSCHLANDHAUS complex is being built in accordance with USGBC quality standards and has already been pre-certified LEED Gold.
The origins of DEUTSCHLANDHAUS in Hamburg:
The new DEUTSCHLANDHAUS is one of the most significant development projects in recent years – for Hamburg, as well as in Germany. Designed by renowned architect Hadi Teherani, a striking new building is under construction along the historic Gänsemarkt (Dammtorstrasse/Valentinskamp). Teherani took inspiration from the original design of the previous building, built at the end of the 1920s, and interpreted it in a contemporary way.
The original building was constructed in 1928/1929, based on designs by the architects Fritz Block and Ernst Hochfeld. As one of Hamburg’s trading houses (Kontorhaus), it was used primarily as an office building, but it was also home to the 2,700-seat Ufa-Palast, Europe’s largest cinema at the time, plus a department store and shopping arcades. The building originally had eight floors. During the Second World War, DEUTSCHLANDHAUS was largely destroyed. It was rebuilt by the British occupation forces under the name Hamburg House and underwent several changes over the following decades. ABG acquired the complex in 2014. After a thorough assessment ABG decided to erect a new building, for which approval was granted by the City of Hamburg in 2019. Further information about DEUTSCHLANDHAUS is available on www.deutschlandhaus.com.