News

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 […]

Building permit for “niu” Hotel in Esslingen

AVONIA Real Estate GmbH of Leinfelden-Echterdingen and MERKUR Development Holding GmbH of Rüsselsheim have together been granted a permit to build a hotel under the NOVUM Hospitality brand “niu” in the City of Esslingen. Construction kicks-off in February 2018. Situated on a roughly 4,000 sqm lot (Weber site), in the Otto-Bayer-Str. 8-10, this JV will […]

AVONIA and MERKUR are developing a “niu” brand hotel in Esslingen a. N. for roughly 28 million euros

AVONIA Real Estate GmbH of Leinfelden-Echterdingen has joined up with MERKUR Development Holding GmbH of Rüsselsheim to acquire the Weber site in the Otto-Bayer-Str. 8-10 in Esslingen am Neckar. This Esslingen JV, the Otto-Bayer-Str. Grundstücks-GmbH, is in the process of building a new hotel with about 7,000 sqm of above-grade gross floor space, to be […]

News

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 […]

Building permit for “niu” Hotel in Esslingen

AVONIA Real Estate GmbH of Leinfelden-Echterdingen and MERKUR Development Holding GmbH of Rüsselsheim have together been granted a permit to build a hotel under the NOVUM Hospitality brand “niu” in the City of Esslingen. Construction kicks-off in February 2018. Situated on a roughly 4,000 sqm lot (Weber site), in the Otto-Bayer-Str. 8-10, this JV will […]

AVONIA and MERKUR are developing a “niu” brand hotel in Esslingen a. N. for roughly 28 million euros

AVONIA Real Estate GmbH of Leinfelden-Echterdingen has joined up with MERKUR Development Holding GmbH of Rüsselsheim to acquire the Weber site in the Otto-Bayer-Str. 8-10 in Esslingen am Neckar. This Esslingen JV, the Otto-Bayer-Str. Grundstücks-GmbH, is in the process of building a new hotel with about 7,000 sqm of above-grade gross floor space, to be […]