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In May 2018, after a construction period of 20 months, Vodafone took over the office areas in the City Gate Nord as scheduled. The building (gross floor area approx. 8,000 m²) includes high-quality office areas for the anchor tenant Vodafone as well as areas available for third-party tenants, a staff restaurant, a Vodafone shop and a multi-storey car park. DGNB Gold certification is envisaged for this year. Apart from providing technical consulting services, IQ Real Estate GmbH was also responsible for the staff-function and line-function project management on behalf of the tenant.

Picture credit: HRG & Delta Bau

The foundation ceremony on 26 April 2018 marked the official start of the construction work for the Urban Soul project in Bonn.

The large construction site at the main railway station will eventually accommodate three independent new builds and close an urban development gap in the inner city, the “Bonner Loch” (Bonn hole) which will soon be a thing of the past.

The ceremony met with great public interest and was attended by the Lord Mayor of Bonn, Mr Sridharan, representatives of the client die developer Projektentwicklung GmbH, Mr Mühling and Mr Julius, a representative of the anchor tenant for the Motel One hotel, Mr Weiland, and the architect Mr Wens of CROSS Architecture.

By the 250th anniversary of Ludwig van Beethoven in 2020, the new gateway into the city is to be completed.

Picture credit: IQ Real Estate GmbH

The 16th Metro Group Marathon in Düsseldorf saw IQ Real Estate GmbH starting with three relay teams of twelve runners. In total, 16,500 runners participated, 4,000 of which were genuine marathon runners and nearly 12,000 took part in 590 relay teams. The three IQ Real Estate GmbH teams finished 1,255th with a time of 03:57:36, 1,377th in 04:00:14 and 1,537th in 04:03:30.

Following a rainy start, the sun soon came out so that after the finish, the runners, supporting colleagues and family members were able to enjoy cold drinks and snacks at the end of a successful Marathon day. For the first time, we had also rented a tent at the riverside of the Rhine.

Picture credit: IQ Real Estate GmbH

On 15 March 2018, the Grand Opening of the new Hyatt Place Hotel in Frankfurt was celebrated with a fabulous party. The 312 room hotel is the first of this brand in Germany and is located in the heart of the Gateway Gardens development area immediately next to the light rail station currently under construction and the Quartierspark. From the terminals of Frankfurt Airport and the Squaire, the hotel can be reached on foot, by shuttle bus and – as from the end of 2019 – also by light rail. Thanks to its connection to the Frankfurter Kreuz motorway junction, it is also easily reached by car.

The striking new build has a total area of about 19,000 m² and accommodates 312 guest rooms, ca. 110 indoor parking spaces, a restaurant and a bar, two shops, a 24h gym and five flexible meeting and conference rooms with daylighting that can seat up to 136 people. A Gallery Market in the open lobby offers take-away food around the clock. The Zoom Glocal Dining restaurant serves freshly prepared dishes in a combination of regional and international ingredients. As from December 2019, the hotel will have direct access to the Gateway Gardens light rail station, providing ideal connections to both the Frankfurt city centre and the airport.

Construction of the building started in 2016 and was realized for Feuring Gruppe by a joint venture of Bilfinger Hochbau GmbH (now Implenia), Bilfinger Wolfferts (now Apleona) and Karl Gemünden GmbH. For this quality turn-key project, IQ Real Estate GmbH provided controlling services for the banking consortium of DG Hyp and Volksbank Alzey and closely followed and reported on the technical and economic development of the project. Despite an ambitious time schedule, it was possible to finish the project on time and on budget.

Picture credit: JOI-Design GmbH, Hamburg