Where the Hypovereinsbank still resides today, an Augustinian brewery will be erected by the end of the 2nd quarter 2017ARCADIA Investment Group

The Leipzig ARCADIA Investment Group has brokered a hospitality area of round 1,400 m², which also includes a terrace in the courtyard, to the Laggner Gruppe with its headquarters in Berlin. They would like to establish an Augustinian brewery (Augustiner-Brauhaus) on 5-6 market square in Leipzig. The company, Laggner Gruppe, with round 700 employees and 24 hospitality properties in Berlin, Germany and Austria, counts as one of the largest such companies in the sector. The company has already been operating this concept very successfully in the best locations: both on the Berlin Gendarmenmarkt and also in the historic Dutch quarter in the Potsdam inner city. ARCADIA advised the owner of the property, Alte Leipziger Lebensversicherung, regarding this rental. The tenant was brokered and advised by Thieme Immobilien from Leipzig.

“The location,” explained Alexander Folz, Managing Director of ARCADIA Investment Group, “between the up-market restaurant Weinstock and the franchise chain Burger King, must be seen as ideal for the establishment of the brewery concept of German home style cooking in the mid-range price segment.”

In addition to the inner guest area, a generous terraced area facing south with a view over the Leipzig market square, is in the works. The concept, consisting of home style tavern meals with a unique draught beer pub of traditional wooden barrels and employees in original traditional costumes, should be completely in character with the Bavarian beer brewing tradition and hospitality. Therefore the Laggner Gruppe places particular value also on a cosy interior design in the development of the property.

Numerous types of beer, amongst other things, will then also be found in the pub at the new Augustinian brewery in Leipzig. In addition to the Augustinian pilsner there will also be light and dark beer as well as wheat beer and the extraordinary Augustinian “Edelstoff” (noble beer) with daily beer tapping.

The Augustinian Brewery (Augustiner Bräu) in Munich – founded in 1328 – is a company with a longstanding awareness for tradition. Converted from a former monastery brewery, it is the oldest and only privately-owned brewery in Munich today which has convincingly retained the tradition of wooden draught barrelling. Particular value is placed on the use of high-quality raw materials which stems from controlled farming. Accompanying this carefully brewed beer is also a specially compiled menu. The restaurant with its dark wood and rustic furnishings serves hearty snacks, various sausage meals, Bavarian classic and tasty house delicacies, but also salads, soups, tarte flambée and typical desserts. At lunchtime there is a varying daily menu, also for quick and inexpensive lunches.

These ingredients should also ensure the future creation of a locality with the Bavarian cosiness and way of life at the new Leipzig location – the Laggner Gruppe, having 20 years of excellence and passion in the hospitality sector, is committed to this.

In order to implement this project a massive conversion of the former rental area used by the Hypovereinsbank is necessary. The opening of the Augustinian brewery is therefore planned for the second quarter of 2017.

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 international companies. One of the company’s core business functions is the optimisation, maintenance and expansion of the property portfolio of family businesses with the utmost care and confidentiality. ARCADIA Investment Group currently employs seventeen people and is developing areas with a magnitude of more than 160,000 square meters. The accompanying project volume amounts to round 130 million euro.

For enquiries please contact Herr Ralf Bettges, Press and Public Office at 0172 – 233 73 90. Please find further information about ARCADIA Investment Group at www.arcadia-invest.de.

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