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HOCHTIEF Projektentwicklung Sells Neue Direktion Köln to Commerz Real - New headquarters of European Aviation Safety Agency (EASA) to be ready for occupancy by early 2016 - HOCHTIEF.com
HOCHTIEF Projektentwicklung Sells Neue Direktion Köln to Commerz Real

 

NewswireToday - /newswire/ - Essen, Nordrhein-Westfalen, Germany, 2014/01/15 - New headquarters of European Aviation Safety Agency (EASA) to be ready for occupancy by early 2016 - HOCHTIEF.com. ASX: CIM

   
 
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HOCHTIEF Projektentwicklung has sold the "Neue Direktion Köln" office building on Konrad-Adenauer-Ufer in Cologne to Commerz Real, for approx. 128 million euros total investment volume. Commerz Real will be putting the Neue Direktion Köln Building into its hausInvest open real estate fund. The rental space of around 21,400 square meters has already been fully let to the European Aviation Safety Agency (EASA). The sale was effected in fiscal 2013.

The new building - behind the original facade of the former administrative headquarters of the "Eisenbahndirektion Cöln" railway authority, originally erected in 1913 - should be ready for occupancy in early 2016. Apart from the neoclassical frontage facing onto Rheinuferstrasse, other historical details including some from the stairway and lobbies, will be preserved and refitted into the new building. Three set-back floors with wraparound terraces, lined with horizontal steel bands, are designed to replicate the contour of the mansard roof which was destroyed during World War II. A fourth set-back floor - above the centrally-placed entrance portal whose ten striking columns extend up as far as the original gable cornice - will complete the silhouette. The Neue Direktion Köln Building has already received Silver precertification from the German Sustainable Building Council (DGNB) and is aiming for full Silver certification. The transaction was handled by Colliers International Deutschland.

 
 
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Written by / Agency / Source: HOCHTIEF AG

 
 

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HOCHTIEF Projektentwicklung Sells Neue Direktion Köln to Commerz Real

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Publisher Contact: Gabriele Stegers - HOCHTIEF.de 
+49 201 824-2282 presse[.]hochtief.de
 
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