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May 2018

QUEST secures first tenant at Lenzhaus
QUEST secures first tenant at Lenzhaus 150 150 QUEST Investment Partners

QUEST secures first tenant at Lenzhaus

Hamburg, 08 May 2018. Following the recently completed acquisition of the Lenzhaus in Berlin, the project developers at QUEST Investment Partners have signed the first long-term contract with TAG Immobilien AG for approx. 2,000 m² of rental space.

“In concluding the first rental agreement for the fourth quarter of 2018, we are pleased to demonstrate the high quality of the property and its location, which substantiates the sustainability of our investment in Berlin,” emphasizes Arne Siemens, General Manager of QUEST’s Berlin office. BNP Paribas Real Estate acted as broker in the letting process.
Located between Zoologischer Garten, Kurfürstendamm and Potsdamer Platz, the property currently offers a further 3,200 m² of high-end office space for rent.

The floor plans behind the listed façade offer ample flexibility in terms of usage as well as high room quality. In addition, the inner courtyard is to be reactivated and the roof terrace is to provide inviting spaces for relaxation and events.

Located in the direct vicinity of Kurfürstendamm 1, the Lenzhaus was built in 1928/1929 by Heinrich Straumer, the architect of Berlin’s 145 metre radio tower. It was one of the first high-rise office buildings in Berlin for the construction group Lenz & Co. With its eight storeys, the Lenzhaus was three storeys higher than permissible at the time but could nevertheless be constructed thanks to an exceptional permit. In designing the Lenzhaus, Straumer focused on simple elegance and combined the Art Deco style of American high-rise buildings of the 1920s with Gothic elements such as the lesenes on the façade. A lesene is a narrow and slightly protruding vertical reinforcement of the wall. The pilaster strip is used to decorate smooth walls, but also to reinforce the supporting structure.

About QUEST Investment Partners

QUEST Investment Partners is a real estate project development and investment company with offices in Hamburg and Berlin. QUEST focuses on investments in commercial and residential properties with upside potential in top locations in Hamburg and Berlin. In retail developments the focus is on good inner-city locations in German metropolitan regions. The QUEST team has extensive experience in the development of high-quality real estate projects and continuously aims at increasing the real estate values of its shareholders and investors. QUEST’s shareholders are the managing directors Theja Geyer and Jan Rouven Künzel as well as the investment holding company of the Hamburg entrepreneur Erck Rickmers who is invested in real estate, equity investments and shipping. www.quest-investment.com

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QUEST modernises building at Hamburg’s Ballindamm 17 Full refurbishment of around 13,000 m² at the Binnenalster
QUEST modernises building at Hamburg’s Ballindamm 17 Full refurbishment of around 13,000 m² at the Binnenalster 150 150 QUEST Investment Partners

QUEST modernises building at Hamburg’s Ballindamm 17 Full refurbishment of around 13,000 m² at the Binnenalster

Hamburg, 02 May 2018. In early 2019, the project developers at QUEST Investment Partners will begin the full refurbishment of the listed building at Ballindamm 17 in Hamburg. Close to 13,000 m² of rental space in a premium location directly on the Binnenalster lake will be restructured in a contemporary way and equipped with new building services. To this end, the seven-storey building will be extensively gutted and revitalised; the historical condition will be partially restored. The main entrance, for instance, is to be returned to its original location from 1921. In addition, the inner courtyard with its charming brick façade is to be upgraded in the style of Berlin’s Hackesche Höfe and made available for use. A new addition are attractive roof terraces with views of the Binnenalster.

Going forward, each floor will provide around 1,800 m² of high-end office space. The ground floor is intended for retail and restaurant spaces. A renovation of the façade will lend the building on Ballindamm a new appearance. Completion is scheduled for 2020.

In 1901/02 the architects Lundt & Kallmorgen designed the office building for the trading and shipping company A.C. de Freitas & Co. In 1905 and 1921, two further building sections were completed, which means that the building now features three components from different years of construction.

About QUEST Investment Partners

QUEST Investment Partners is a real estate project development and investment company with offices in Hamburg and Berlin. QUEST focuses on investments in commercial and residential properties with upside potential in top locations in Hamburg and Berlin. In retail developments the focus is on good inner-city locations in German metropolitan regions. The QUEST team has extensive experience in the development of high-quality real estate projects and continuously aims at increasing the real estate values of its shareholders and investors. QUEST’s shareholders are the managing directors Theja Geyer and Jan Rouven Künzel as well as the investment holding company of the Hamburg entrepreneur Erck Rickmers who is invested in real estate, equity investments and shipping.
www.quest-investment.com

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QUEST modernisiert Gebäude am Hamburger Ballindamm 17 Komplettsanierung von rund 13.000 m2 an der Binnenalster
QUEST modernisiert Gebäude am Hamburger Ballindamm 17 Komplettsanierung von rund 13.000 m2 an der Binnenalster 150 150 QUEST Investment Partners
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Hamburg, 2. Mai 2018. Die Projektentwickler von QUEST Investment Partners beginnen Anfang 2019 mit der Komplettsanierung des unter Denkmalschutz stehenden Gebäudes am Hamburger Ballindamm 17. Knapp 13.000 m2 Mietfläche in Premiumlage direkt an der Binnenalster werden neu und zeitgemäß strukturiert und mit neuer Haustechnik versehen. Dafür wird das siebengeschossige Gebäude umfassend entkernt und revitalisiert, der historische Zustand teilweise wieder hergestellt. So soll beispielsweise der Haupteingang wieder zurück in seine ursprüngliche Lage von 1921 versetzt werden. Außerdem soll der Innenhof mit seiner charmanten Ziegelfassade aufgewertet und im Stil der Hackeschen Höfe in Berlin nutz- und erlebbar gemacht werden. Neu hinzu kommen darüber hinaus attraktive Dachterrassen mit Blick zur Binnenalster.

Pro Etage stehen künftig rund 1.800 m2 hochwertige Büroflächen bereit. Im Erdgeschoss sind Flächen für Einzelhandel und Gastronomie vorgesehen. Dank einer Fassadensanierung wird sich das Haus zum Ballindamm neu präsentieren. Die Fertigstellung ist für 2020 geplant.

1901/02 entwarfen die Architekten Lundt & Kallmorgen das Bürohaus für die Handelsfirma und Reederei A.C. de Freitas & Co. In den Jahren 1905 und 1921 entstanden zwei weitere Bauabschnitte, sodass das Gebäude heute drei Bauteile aus unterschiedlichen Baujahren aufweist.

QUEST Investment Partners ist eine Immobilien Projektentwicklungs- und Investmentgesellschaft mit Sitz in Hamburg und Berlin. QUEST konzentriert sich auf Investitionen in Gewerbe- und Wohnimmobilien mit Wertsteigerungspotentialen in ausgewählten Lagen in Hamburg und Berlin. Bei Einzelhandelsentwicklungen liegt der Fokus auf guten innerstädtischen Lagen in deutschen Metropolregionen. Das Team von QUEST verfügt über langjährige Erfahrungen in der Entwicklung von hochwertigen Immobilienprojekten. QUEST hat es sich zum Ziel gemacht, als Projektentwickler und Immobilienmanager die Immobilienwerte ihrer Gesellschafter und Investoren kontinuierlich zu steigern. Gesellschafter der QUEST sind die Geschäftsführer Theja Geyer und Jan Rouven Künzel sowie die Investment Holding des Hamburger Unternehmers Erck Rickmers, der in den Bereichen Immobilien, Unternehmensbeteiligungen und Schifffahrt investiert ist.

www.quest-investment.com

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