Entries by Reimund Sigel

Building Permit for an Office and Hotel Project in the Stuttgart Pragsattel Area

AVONIA Real Estate, MERKUR Development Holding, and OSWA Planen und Bauen have received a permit to commence construction of their joint office and hotel complex in Leitzstr. 50-52, Stuttgart. Marcus Hientzsch, CEO of MERKUR remarked, “We are pleased about breaking ground after a lengthy design and approval process.” Colliers International Stuttgart has been engaged to […]

New hotel and office building project in Stuttgart Pragsattel

On August 3, 2016, the JV comprising AVONIA Real Estate GmbH (Leinfelden-Echterdingen), MERKUR Development Holding GmbH (Rüsselsheim), and OSWA Planen und Bauen GmbH (Ingersheim) acquired the lot at Leitzstr. 52 in Stuttgart’s Pragsattel area. This JV, the Stuttgart Leitzstr. 52 GmbH, plans to put up a highrise hotel and office building with roughly 11,000 sqm […]