ARCADIA Investment Group expands further and extends office space in Petershof in Leipzig
The Leipzig ARCADIA Investment Group is extending their office space in Petershof at 20 Peterstraße by almost 290 m² on 1 December 2017. The company will then be occupying a total area of more than 710 m², spreading from the 4th to the 6thfloors. Recent plans for expansion as well as their current project holdings have necessitated the newly leased space for the real estate company – founded in 2012 by the industrial engineer, Alexander Folz.
“We are planning a growth of five new employees by the end of the year”, explains Alexander Folz, Managing Director of Arcadia Investment GmbH. This in particular concerns our Planning Department as well as Project Management and Marketing. “We are therefore pleased that we have had the opportunity to expand our operations directly at our main place of business. Petershof has meanwhile become very dear to our hearts – not only as a traditional but also prestigious Leipzig inner city location.
Petershof is one of the best-known buildings in the Leipzig inner city. The historic facade conceals a modern new building with retail space, office levels and exclusive residential flats. The facade which is visible today was erected by the Leipzig architect, Alfred Liebig, from 1927 to 1929. Due to its striking architecture the six-storied Petershof, with a total rentable area of 13,250 m², stands out significantly above the diverse mix of buildings in the Leipzig inner city.
ARCADIA Investment Group has focused its specialisation on the development of property used for retail and residential properties as well as car parks and underground car parks throughout the entire Germany. In addition to activities relating to its own portfolio, it has also implemented a host of projects in the framework of joint ventures – amongst others in close collaboration with numerous national and international companies. One of the company’s core business functions is also the optimisation, maintenance and expansion of the property portfolio of family businesses with the utmost care and confidentiality. ARCADIA Investment GmbH as the holding company for the group currently employs 20 people and is developing areas with a magnitude of more than 200,000 square meters. The accompanying project volume amounts to round 165 million euro.
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