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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