QUEST launches new building project at Nikolai­fleet in Hamburg

QUEST launches new building project at Nikolai­fleet in Hamburg 150 150 QUEST Investment Partners

QUEST launches new building project at Nikolai­fleet in Hamburg

  • Premium new building “Cremon 1” already rented out at 60 percent
  • Upgrade “Cremon 3”: 4,500 m² of office space fully let
  • QUEST restores Hamburg’s historic harbour gate with new property

Hamburg, 08 October 2018. In the coming days, the project devel­opment company QUEST Investment Partners will begin construction of a new building at Cremon 1 in the heart of Hamburg. The site, which has been undeveloped since the 1960s, will provide 2,500 m² of office, retail and residential space. Around 1,400 m² of office space has already been let. Completion is scheduled for mid-2020.

The plans designed by the renowned archi­tects gmp von Gerkan, Marg und Partner were coordi­nated with the City of Hamburg and the Office for the Protection of Historical Monuments, as QUEST’s nine-storey building will restore the original entrance to Hamburg’s former inland port. In 1188, the devel­opment of the Port of Hamburg began in this historic place at Nikolai­fleet. The project therefore places great emphasis on the historical signif­i­cance and visually brings the former harbour gate back to life. To achieve this, the devel­opers will be adapting not only the height but also the propor­tions and the materials of the building to the “Haus der Seefahrt” on the opposite side. “The charming view of the historical houses on Deich­straße, of Speich­er­stadt, Elbphil­har­monie and of course the River Elbe, is certainly unique in Hamburg. We are convinced that the strong demand for spaces in the harbour periphery will continue in the future,” says Theja Geyer, Managing Partner at QUEST Investment Partners.

Office building at Cremon 3 modernised and fully let

Another building at the historical Nikolai­fleet, adjacent to Cremon 1, is the seven-storey office building Cremon 3 with 4,500 m² of space and 26 under­ground parking spaces. The refur­bishment of the property, which dates back to the 1970s, was completed in mid-2018 and includes a new façade, modern building services and a flexible floor layout on the inside. The property has already been fully let.

Angermann Real Estate Advisory AG acted as broker for the letting of the buildings at Cremon 1 and Cremon 3.

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.

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