Press release Building works start on Coeur Cologne at Breslau

 Press release
Building works start on Coeur Cologne at Breslauer Platz
Allianz has commenced demolition work on the old buildings
Cologne- January 16, 2015. Work has been in progress to gut
the interiors of the buildings located at Breslauer Platz 2-4 since
December 2014, and Allianz Real Estate is now commencing
the external demolition of this housing complex near Cologne's
Central Station. By 2017, the plot will be home to "Coeur Cologne". If all goes to plan, the first tenants will be able to move
into this prestigious property, suitable for both business and
commercial use, from the end of 2016.
Work to commence on the new building in March
"As far back as December, we informed the neighbors about
the work we were going to carry out, and asked for their understanding regarding noise and dust," says Martin Schwaiger, the
Asset Manager from Allianz Real Estate Germany GmbH who
is responsible for the project. The current schedule shows that
the site fence, covering parts of Altenbergerstraße and offering
access to the building site, will be erected in the 4th calendar
week of this year. Subsequently, the external demolition of the
building can take place, starting from the internal courtyard and
working outwards.
A protective fence will also be erected around parts of Breslauer Platz at the start of February. The demolition work, carried
out by Viersen's Prangenberg & Zaum, should be complete by
the end of March. "Following this, the foundations will be laid
and work will commence on the new building," explained Klaus
Fay, Allianz Real Estate Germany GmbH's Manager responsible for engineering on the project.
Allianz Real Estate
Seidlstrasse 24-24
80335 Munich
Coeur Cologne - modern offices with a view over the cathedral
"Coeur Cologne", with around 14,000 square meters of rental
space, will sit on a plot of 3,600 square meters in the Kunibert
district of the city. Around 12,500 square meters will be let as
office space, and more than 1,000 square meters are intended
to be let as commercial and gastronomic premises. The building, designed by the Cologne-based architects msm meyer
schmitz-morkramer rhein gmbh, is intended to regenerate Breslauer Platz, near Cologne's Central Station, and lead the way
for this up-and-coming district as far as urban development is
concerned. The building will not only boast a metal and glass
facade with a lobby of up to 20 meters high, and a four-story
window with views over the cathedral, but also an accessible
rooftop garden, dubbed the 'sky garden'. Coeur Cologne will be
let exclusively by JLL's Cologne office.
About Allianz Real Estate
Allianz Real Estate ist das strategische Kompetenzzentrum für Immobilieninvestments innerhalb der Allianz Gruppe und ein international führender
Investment und Asset Manager im Bereich Immobilien. Sie ist für die weltweite Entwicklung und Umsetzung maßgeschneiderter Portfolio- und Investmentstrategien für die Allianz Investoren, unter Berücksichtigung
direkter und indirekter Anlageformen sowie von Immobilienkrediten,
verantwortlich. Das operative Investment und Asset Management erfolgt
gegenwärtig in sechs international aufgestellten Tochtergesellschaften und
Außenstellen in Deutschland, Frankreich, der Schweiz, Italien, den USA und
Asien/Pazifik. Der Firmensitz der Allianz Real Estate befindet sich in
München und Paris. Aktuell betreut das Unternehmen einen
Immobilienbestand mit einem Verkehrswert von rund 33 Milliarden Euro.
About JLL
JLL (NYSE: JLL) is a services, consulting and investment management
company in the area of real estate. The company offers specialized services
for property owners, users and investors seeking to achieve capital gains in
real estate. Its annual revenue from fees amounts to $4.0 billion, with a
gross revenue of $4.5 billion. JLL is represented in over 75 countries around
the world, with 200 offices and 53,000 employees. On behalf of its
customers, the management and real estate outsourcing services company
is responsible for a portfolio of 280 million square meters, and in 2013
closed financial transactions worth $99 billion, including sales and
purchases. JLL is the brand name and a registered trademark of Jones Lang
LaSalle Incorporated.
Allianz Real Estate Press Contact
Roland Deger
T.: +49-89-1220-7677
[email protected]
www.allianz-realestate.co
Allianz Real Estate
Seidlstrasse 24-24
80335 Munich