recent projects

Q-West Business Park | Munich Maisach

In cooperation with BEOS AG Convalor developes as of 2016 a business complex with approx. 15,600 sqm of usable floor area and additional expansion options in Munich-Maisach. Over the next three years the vacant property will be restructured to a flexible usable site for various tenants by supplementing additional production and office areas as well as revitalization of the existing spaces. The object is expected to provide a total of about 17,700 sqm rental area.
The former site of the print company "Süddeutsche Societäts-Druckerei" covers approx. 37,700 sqm of land area and it was only in 2000 that it was built for a owner-occupier. It is characterized by its high surface quality as well as its high-quality building technology and stands out particularly through its attractive architecture.

Mayfair | Köln-Junkersdorf

In August 2014 Convalor in association with its long-time partner Stefan Frey AG acquired another property in the district of Junkersdorf, Cologne. On a property of 4,425 sqm exclusive urban villas with a total of 2,000 – 2,500 sqm (approx. 165-402 sqm per house) of living area, divided in 2 construction fields, will be erected. The site is situated between "Amselstraße" and "Goldammerweg" in the district of Junkersdorf, which is characterized by its park-like development since the 1920s. The proximity to the local recreation area “Äußerer Grüngürtel” is attractive especially for families, who appreciate the district’s rural charm but also want to live close to the city centre. The project company developes an unconventional variety of the urban house on the property designed by the architects Mronz + Schaefer. A concept that has already proven itself in metropolises, such as London or Paris. It is supported by an outdoor area planning, which gives the whole a park-like appearance.

Zündorfer Gärten | Köln-Zündorf

Convalor and Stefan Frey AG are planning the construction of 4 detached houses and 24 semi-detached houses on a property of 6,325 sqm in "Houdainer Straße / Zum stumpfen Kreuz", beginning in May 2016. The neighborhood is perfect for small families that prefer a quieter environment for living. The houses have residential areas between 138 and 220 sqm on real property of about 185 - 339 sqm.
The plots are within the scope of a legally binding zoning plan and could be made ready to be built in a short time by means of a quick building permit procedure. There will be offered 8 different types of houses on two construction fields.

Waldviertel | Köln-Rodenkirchen

In the fall of 2017 Convalor has acquired an area with a size of approx. 62,000 sqm consisting of various parcels in „Konrad-Adenauer-Straße / Bahnstraße“ in Rodenkirchen, Cologne. The property is situated in a legally final zoning plan for a total gross floor area of approx. 44,600 sqm housing development and was previously used for commercial purposes (meat product factory and temporary use as a chamber opera).
In cooperation with the partner Bauwens Development GmbH & Co KG, the developers are also realizing the construction of a day-care center and a commercial unit in addition to the planned apartments, that will be erected in the midst of the green and car-free neighborhood. The existing office buildings, which are located on a part of the property between the planned residential buildings, has been taken over by the developers. The underground parking will provide space for about 305 parking lots, around 45 parking spaces will be offered outdoors.

Paulsmühlenquartier | Düsseldorf Benrath

Artemis Stadtsanierungsgesellschaft Objekt Benrath mbH & Co KG is developing an attractive residential quarter on a former industrial area between "Paulsmühlenstraße" and "Telleringstraße" in the district of Benrath in Düsseldorf. A total of about 400 apartments of residence are planned to be built in four block constructions. In September 2017 the majority of the company shares was sold to Vivawest Wohnen GmbH. The project management all the way to the turnkey approval will be continued by Stefan Frey Immobilien-Projekt-Steuerung-Gesellschaft. As part of the municipal procedure of experts the state capital Düsseldorf and the citizens together discussed the project and its potentials to develop the neighborhood into a more lively and attractive one – particularly the public pedestrian and cycle path connecting Telleringstraße to the station of Benrath provide a better connection between the two neighborhoods “old” and “new” Benrath. Besides approx. 7,000 sqm publicly funded rental housing privately financed rental housing as well as two day care facilities for children are to be erected.

Business Park KAA | Berlin

The project partners BEOS AG and Convalor jointly have acquired a built-up site of approx. 4,700 sqm in the “Kaiserin-Augusta-Allee“ in Berlin. It is planned to enhance the rented commercial building, beginning from 2017, by extending it by another areas and re-renting almost half of the existing spaces after the implementation of improvements. The object was built in 1968 and sporadically modernized between 1984-1992. It impresses with a good building fabric and a versatile area structure with mixed uses, currently divided into approx. 76% office facilities, 15% storage / production spaces and 9% retail spaces as well as a parking deck with 78 parking lots. The area is located within close proximity of the city. The under-rent of the office facilities at the time of the acquisition as well as the mix of short-term rentals and high-rated major tenants with long-term leases offer a high potential for increased value as part of the new lettings on the one hand, on the other hand also a long-term existing cash flow stability. After the development of 3 years the property shall have about 9,800 sqm of rental space.

Weko Site | Köln-Ehrenfeld

In cooperation with Stefan Frey AG Convalor acquired the premises of the furniture factory “WEKO“ in the district of Ehrenfeld, Cologne, in December 2013. The site is situated between "Melatengürtel", "Vogelsanger Straße" and "Grüner Weg" in the heart of Ehrenfeld. Though many buildings are abandoned the property is characterized by its previous usage by the manufacturer of office furniture. The project partners intent to erect mainly commercially used areas (i.a. office lofts) mixed with town apartments on a minor space along "Vogelsanger Straße". The planning area is within the scope of a legally binding zoning plan. Initially the planned apartments will be ready for sale in the first half of 2018.
The development aims to carefully establish a new urban housing and commercial area. The old buildings will be torn down and the site will get a new infrastructure. As Convalor generally strives for socially acceptable, modern and sustainable housing the current tenant’s and neighbour’s concerns surely will be considered.

Business Park Friedrich Krause Ufer | Berlin

In cooperation with the project partner BEOS AG, Convalor is developing a modern office and business campus, built in 1910/1967-93, located along the River Spree and close to the main station, at the Friedrich-Krause-Ufer in Berlin over the next few years. For this purpose, an existing storage hall of approx. 12,000 sqm will be demolished and replaced by a multi-storey, at least twice as large new building with modern, flexibly usable business areas for service, production, manufactory, etc. The planning includes 2-3 construction phases with a large courtyard. For a long-term use of the building structures, an increased floor load capacity is also planned on the upper floors as well as freight lifts for production work.
The existing solitary building with approx. 2,300 sqm of office space will be modernized and re-let at the same time.
ThyssenKrupp's long-standing production site was acquired with a rentable area of approx. 16,700 sqm and is classified as an industrial area according to the Land Use Plan of Berlin.

Kronstädter Park | Köln-Weiden

The project „Kronstädter Park“, jointly realizes by Frey AG and Convalor, deals with the implementation of about 6,500 sqm BGF on a developed site in "Kronstädter Straße" in Weiden, the western part of Cologne. It is planned to erect 60 apartments in an elegant residential complex with a view to open fields, distributed in 8 houses. There are max. 8 apartments in a house with 2-3 apartments per floor, including penthouse apartments with roof terraces. The construction will be developed on the basis of an existing legally binding zoning plan as well as a building permit.

Cologneo I and Cologneo II | Köln-Mülheim

As part of a corporation with other project development companies Convalor was involved in the acquisition and development of 104,000 sqm of industrial wasteland in the district of Mülheim, Cologne. The property yet known as “Euroforum Nord“ and “Euroforum West“ is partially built up with historic industrial buildings and is situated next to the Cologne fairground and Mülheim harbour. At a place, where once engines were built, a new liveable quarter with a mixture of housing, commercial use and creative businesses is about to rise. The area around Mülheim harbour has been a focus of Cologne’s urban development and planning for a long time and is offering a variety of prospects and opportunities. The properties, now named unter “Cologneo I and II”, clearly are the key factors in the development of this attractive area. “Cologneo I” is located between the railway line and "Deutz-Mülheimer-Straße". The planned development covers about 400 apartments, a daycare center, a local shopping centre and offices as well as space for cultural activities. With regard to the nearby fairground a hotel will be erected from which the exhibition halls will be accessible on foot. In the planning area of "Cologne II", which is situated between the railway line and "Auenweg“ along the emerging promenade at the harbor, it is planned to develop approx. 91,000 sqm BGF commercial and residential space. After completion of the current zoning plan procedure, that was introduced in December 2015, the development and preparation of these properties is to begin. The project developer CG-Gruppe AG from Berlin has taken over the majority of the hold shares in both project companies ( www.cg-gruppe.de).

Benrather Schlossallee | Düsseldorf

Convalor has acquired 63 apartments with a total of 3,775 sqm of living space held in real property on a land with hereditary building right as well as 58 parking lots. The purchase objects were bought from an insolvency assets with the objective of resale to investors and owner occupiers. The leased, well-tended apartments that were built in 1997 are part of an idyllic residential complex with a view to the Rhine river or to the quiet green inner courtyard and are located in the corner of Benrather Schlossallee / Steinkribbenstraße in the district of Benrath in Düsseldorf. The owner of the ground-floor apartments have the privilege to use parts of the garden and terrace areas for private. You can reach the federal road B8 as well as the A59 highway only in few minutes by car and the Benrather railway station and Düsseldorf's main railway station quickly by train from the tram stop that is located directly in front of the entrance of the condominium. Our sales prices for the apartments are based on the currently agreed rent, therefore between EUR 2,500 and EUR 2,975 per sqm of living space. The underground parking lots can be purchased for EUR 12,500 each. If you have any questions or interests you are welcome to contact us for further information about our apartments in detail: Mrs. Mazat is reachable for you on (+49) 221 398068-27 and mazat@convalor.de

Ringviertel | Köln-Rodenkirchen

On approx. 16,285 sqm area in "Ringstraße 38-44" in Cologne, the project development company PE Ringviertel GmbH & Co KG, composed of Bauwens Development GmbH & Co. KG and Convalor, is developing a new residential complex with 18,500 sqm living area, of which approx. 30% will be publicly funded.
The existing building on the property is rented for a period of 3 years to the city of Cologne for the purpose of refugee shelter since March 2016. It is planned to provide a legally binding zoning plan for residential use during the rent term and to start the implementation of the construction project from the second half of 2019 on. In addition the project initiators have bought the neighboring land "Ringstraße 46" for the construction of further approx. 9,500 sqm living space with another project company, named PE Ringviertel 46 GmbH & Co. KG, to extend the planned development.

Business Park Vershofen | Nürnberg

BEOS AG and Convalor are realizing the next interesting business project within the next few years in Nürnberg. On a property of around 22,400 sqm that is situated in the strategically profitable industrial and business area "Höfen" in Nürnberg, there is a production building with about 4,400 sqm and a storage hall with about 915 sqm. The property is to be extended by around 10,400 sqm.
The object is the printing area of the company WPM Druck. It is planned to develop flexibly usable areas with a total of approx. 15,800 sqm for production, service, storage and office space.

Business Park Kopernikus | Dachau

The currently vacant business property acquired in Dachau nearby Munich is characterized by its favorable distribution of space for production companies and its high value-added potential. The site consists of a approx. 4,000 sqm large production hall adjoining an intermediate building (warehouse, parking spaces) as well as a 4-storey building with 3 office units per 580 sqm and 2 residential units each with 240 sqm. The office space are already largely designed as open-plan offices. In addition, the site provides about 78 outdoor parking spaces and 10 underground parking spaces. Within three years the property is to be fully revitalized and leased quickly to one and up to three users by a project company owned by Convalor and BEOS AG. The production property is conveniently located in the eastern part of Dachau and the north of Munich with a continuing high demand for specially modern production areas.

HT-CON | Nordrhein-Westfalen

In cooperation with a new partner, HT ImmoInvest GmbH, Convalor is purchasing portfolio properties in several cities in North Rhine-Westphalia. Thereby it is ensured that the objects aren’t older than 20 years. The project measures include the maintenance of the leased real estate (as far as necessary), the division into individual property as well as the gradually sale of these residential units to owner-occupiers or investors, all within a medium-term holding period of the acquired property. In the process the developers don't strive for handing over the apartments free from occupancy. This strategic partnership acknowledges that Convalor doesn’t want to operate only in the field of rest estate development.