ARCADIA acquires more than 10,000 m² of land

ARCADIA Investment Group acquires more than 10,000 m² of land in the “gatelands” business park at BER Airport for the construction of a multi-storey car park with around 1,500 parking spaces

The PARCADIA BER Projekt GmbH, a project company of Leipzig-based ARCADIA Investment GmbH, has acquired a development site of around 10,140 m² for the construction of a multi-storey car park with approx. 1,500 parking spaces in the “gatelands Businesspark Kienberg” (www.gatelands.de) at the future Berlin Brandenburg International Airport. The seller is gatelands Projektentwicklung GmbH & Co. KG, a joint venture of OFB Projektentwicklung GmbH and the Kolb + Partner group of companies, which owns the business park area located on the access road to the BER.

The first multi-storey car park in the business park area is to be established under the name “Northgate” and will be built as a steel skeleton structure with precast concrete parts and a profiled glass facade with design elements made of coloured metal sheets and a green roof. A total of approx. 1,500 parking spaces are planned and distributed over twelve half-levels. Due to the very pragmatic cooperation with the authorities of the district Dahme-Spreewald, the building permit for the project has already been granted. The Mittelbrandenburgische Sparkasse was won for the overall financing of the project.

The new “gatelands” business park is being built on an area of around 100,000 m² in close vicinity to the capital’s new airport. The business park area offers space for hotels, offices, service and retail space and is going to have a total floor area of approx. 250,000 m². Due to the prime location, the short distances to the city centre of Berlin, the connection to the motorways A 113 (Berlin City) and A 10 (motorway ring) and the already ensured building laws, the area will be one of the most attractive development sites on the outskirts of Berlin. Particularly, because of the high demand on the Berlin office market.

Besides various office buildings, several hotels will be built, of which the B&B Hotel Berlin-Airport has already been opened. The building permit for a hotel of the Moxy brand has already been granted. In addition, a building application has been filed for an office development with approx. 15,000 m². The business park “gatelands” includes approx. 20,000 m² of forest with ponds and grassy areas.

ARCADIA Investment Group

The ARCADIA Investment Group specialises in the development of retail properties, residential properties as well as car parks and underground car parks throughout Germany. In addition to activities relating to the company’s own portfolio, it has also implemented a host of projects in the framework of joint ventures – amongst others in close cooperation with several national and international investors. The company’s core business also includes the optimisation, maintenance and expansion of the property portfolio of family businesses with the utmost care and confidentiality. ARCADIA Investment GmbH, the holding company of the Group, currently employs 36 people and is currently developing areas with more than 300,000 square metres of space nationwide. The associated project volume currently amounts to approximately 300 million euros.

Herr Ralf Bettges, Press and Public Office at 0172 – 233 73 90. Further information about ARCADIA Investment Group can be found at www.arcadia-invest.de.

OFB: WE CONTINUE TO DEVELOP.

OFB Projektentwicklung GmbH has been in the real estate business for over 60 years – and is still as committed as on the first day. As a subsidiary of Landesbank Hessen-Thüringen and part of the Helaba Real Estate Group, we are passionate about high-quality, sustainable large-scale real estate. Project development, project management and real estate management are our passion.

Around 180 employees implement successful real estate projects throughout Germany at our headquarters in Frankfurt am Main and at our branches in Berlin, Erfurt, Kassel, Munich, Düsseldorf and Leipzig. We want to achieve more than others – and therefore take into account the interaction of economic, ecological and social components right from the planning stage of our projects. The goal: to further develop our projects and ourselves.

If you have any questions, please do not hesitate to contact Frau Yvonne Keller, Press and Public Relations, at 069 91732 – 116.

www.ofb.de

Kolb & Partner

Kolb + Partner, in close cooperation with the planning office Kolb + Hofmann, is currently realising 180,000 m² of rental area in the Rhine-Main area and Berlin-Brandenburg with a total volume of more than 1 million m².

The Kolb + Partner Group currently has 338,000 m² of commercial and residential real estate in its portfolio. Together with numerous partners a total of more than 117 projects have been realised in the Rhine-Main area and Berlin-Brandenburg. Today the group has 55 employees and is expected to grow steadily in the coming years. For 43 years Kolb + Partner has been successfully active in the real estate market with the implementation of complex real estate projects.

Further information about the Kolb + Partner group of companies can be found at www.kolb-partner.com.