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HOCHTIEF Projektentwicklung to Start Building New Hotel on Petriplatz - 144-room hotel due for completion end 2016 - Frasers Hospitality is buyer and operator - HOCHTIEF.com
HOCHTIEF Projektentwicklung to Start Building New Hotel on Petriplatz

 

PRZOOM - /newswire/ - Essen, Germany, 2015/06/23 - 144-room hotel due for completion end 2016 - Frasers Hospitality is buyer and operator - HOCHTIEF.com.

   
 
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HOCHTIEF Projektentwicklung is building a 144-room hotel on Petriplatz in Berlin-Mitte. Construction will start at the end of this month. Frasers Hospitality bought the property off-plan and will start operating the hotel at the beginning of 2017. It was agreed that the purchase price would not be disclosed.

A seven-story building with an above-grade gross floor area of about 7,700 square meters will be built on a lot of around 1,500 square meters between Scharrenstrasse, Gertraudenstrasse and Breite Strasse. The lobby will feature a glass floor slab beneath which visitors will see an archaeological monument: the foundations of the vaulted cellars of old burgher houses on the former site of the Cölln Town Hall. This site is seen as one of the points from which the development of modern-day Berlin began. "Frasers Hospitality‘s long-stay concept is geared to the rising demand for temporary accommodation with all the comfort of a hotel in a premium business location. We are see a growing demand for this, particularly in Berlin," explains Gordon Gorski, Manager of the Berlin-Brandenburg branch of HOCHTIEF Projektentwicklung. "The new Capri on Petriplatz and its central location are the perfect answer - and it is ideal for city tourists too."

 
 
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Agency / Source: HOCHTIEF AG

 
 

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HOCHTIEF Projektentwicklung to Start Building New Hotel on Petriplatz

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HOCHTIEF Projektentwicklu | Frasers Hospitality
Contact: Gabriele Stegers - HOCHTIEF.de 
+49 201 824-2282 gabriele.stegers[.]hochtief.de
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

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