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August 2018

QUEST Investment Partners acquires first project in Frankfurt
QUEST Investment Partners acquires first project in Frankfurt 150 150 QUEST Investment Partners

QUEST Investment Partners acquires first project in Frankfurt

Hamburg, 16 August 2018. The project development company QUEST Investment Partners has acquired Haus Hohenzollern in Frankfurt am Main, which was originally designed as a hotel in 1910. The seven-storey building is QUEST’s first property in Frankfurt and is located at Düsseldorfer Straße 1-7, right in the heart of the metropolis on the River Main. Around 7,200 m² of rentable space is available in this historical building.

The historical façade of the Hotel Hohenzollern office and commercial building with its diverse stylistic and structural elements is to be refurbished in line with the standards of monument preservation. On the inside, the vacant office and commercial spaces as well as the common areas will be renovated to achieve modern standards of technology. This will be accompanied by a complete restructuring of the ground floor zone, where open and generous access areas to the office spaces on the upper floors are envisaged.

The measures adopted by the City of Frankfurt for the establishment of new restaurant and retail spaces in the immediate vicinity of the building will further enhance the future appeal of this location.

QUEST Investment Partners acquired the building from Gateway Real Estate AG and was exclusively advised on the transaction by Cushman & Wakefield LLP and Jebens Mensching LLP.

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 of major German cities. 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 Investment Partners acquires first project in Frankfurt
QUEST Investment Partners acquires first project in Frankfurt 150 150 QUEST Investment Partners
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Hamburg, 16 August 2018. The project development company QUEST Investment Partners has acquired Haus Hohenzollern in Frankfurt am Main, which was originally built as a hotel in 1910. The seven-storey building is the first QUEST property in Frankfurt and is located at Düsseldorfer Straße 1-7, right in the heart of the Main metropolis. Approximately 7,200 m2 of rentable space is available at this historic property.

Renovation of the historic façade with its various style and building elements is planned for the Hotel Hohenzollern office and commercial building. The vacant office and commercial space as well as the infrastructure will be renovated and brought technically up-to-date. This will be accompanied by the complete restructuring of the ground floor zone where open and generous access to the office space on the upper floors is planned.

Future measures adopted by the City of Frankfurt for the construction of new catering and retail areas in the immediate vicinity of the house will contribute to the attractiveness of the location.

QUEST Investment Partners acquired the building from Gateway Real Estate AG and was advised on the transaction exclusively by Cushman & Wakefield LLP and Jebens Mensching LLP.

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Über QUEST Investment Partners

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 deutscher Großstädte. 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.

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