The investment volume for this construction project, which commenced in October 2011, amounts to some € 53 m. 

The hotel, a member of the Steigenberger Group’s InterCityHotel brand,  is part of the Europacity urban quarter development located around Berlin‘s central railway station. CA Immo is owner and investor for the project. The eight-storey hotel has been designed as an upper mid-range hotel. With about 410 rooms, it will be the largest of the InterCityHotels; the building will cover a gross area of 19,800 sqm and have room for about 70 parking spaces.

The architecture of the building, which stands 30 m high, was designed by the Reichel+Stauth office and is based on a previously created urban development concept. CA Immo is seeking certification under the criteria of the German Sustainable Building Council’s silver award (DGNB Silber). Management of the construction project is being handled by CA Immo’s subsidiary, omniCon.

CA Immo in Berlin
CA Immo has a presence of property assets with a market value of some € 542 m in Berlin. Just under half of this is accounted for by property assets under development. CA Immo also holds a portfolio of income-producing properties (rentable effective area: 212,000 sqm) in the German capital, including the Königliche Direktion at the Schöneberger Ufer and the TOUR TOTAL building, headquarter of the TOTAL oil company, which was also developed by CA Immo in Europacity and was completed in September this year.

CA Immo also has another project under construction in Berlin: the new Mercedes Benz Headquarters in Berlin-Friedrichshain, the structural shell of which was completed in September. This building is being erected on an area totalling around 4,100 sqm with a rental area of about 26,000 sqm. From the middle of next year (2013), sales and service for Mercedes-Benz, smart, Maybach and Fuso vehicles in Germany will be controlled from the new headquarters. Total investment volume in this project amounts to approximately € 72 m.

Pictures in high resolution you find here:

<link fileadmin bilder pressebilder _blank download file>Picture 1 (from left to right: Mike Theilig (Wolff & Müller) Wilhelm Brandt (CA Immo) Senatsbaudirektorin Regula Lüscher, Henrik Thomsen (CA Immo), Matthias Heck (Steigenberger Hotels AG))

<link fileadmin bilder pressebilder intercityhotel_oben.jpg _blank download file>Picture 2

About CA Immo
CA Immo was founded in 1987 and develops and invests in commercial properties (principally offices) in Austria, Germany and Eastern Europe. Total property assets amount to about € 5.3 billion (as at 30.6.2012). CA Immo is listed on the Vienna Stock Exchange with free float of around 82% at the present time.

For additional information, contact:
CA Immobilien Anlagen AG
Mag. Julia Müller
Tel.: +43 (0)1 532 59 07-581
E-mail: julia.mueller@caimmo.com
www.caimmo.com