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
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 first approx. 270 residential units in the 3. construction field, ranging from single apartments to large-scale family apartments, are currently in a concrete planning phase.
K14 Business Park | 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. 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 residential spaces, mixed with 4 commercial units (each around 43-138 sqm large), on a minor area along "Vogelsanger Straße". In the second section, an office complex with a total of approx. 10,000 sqm will be created, which will remain in the stock for rent. The planning area is within the scope of a legally binding zoning plan.
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 the project partners 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 sections 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 office building with approx. 2,800 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.
On the basis of an existing legally binding zoning plan it is planned to erect 60 apartments in an elegant residential complex with many open spaces and a view to open fields, distributed in 8 houses. There are max. 8 apartments in a house with 2-3 apartments each floor, including penthouse apartments with roof terraces.
The houses are built in the KfW 55 standard and supplied by a biomass heating system. The underground car park is used by the "Kronstädter Straße", so that no traffic disturbs the harmonious living inside the housing area.
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 December 2015. 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 to extend the planned development.
PUR | Köln-Junkersdorf
Convalor and its longtime partner Stefan Frey AG have acquired a property in Cologne on
which exclusive city villas are created with a total of about 2,500 sqm. The
land is located between "Amselstraße" and "Goldammerweg" in
the district of Junkersdorf in Cologne, that has been characterized by
garden-like settlements since the 1920s. The proximity to the outer green belt
attracts mainly families who appreciate the rural charm of the district and
still want to live close to the city.
In the first building section five
spacious villas were completed in 2018. On the rear part of the property eight
further city houses in the Bauhaus style are planned. These are accessed from
"Goldammerweg". The real estates have a size of between 117 to 201
sqm and are south facing, the living space of each house is about 108 sqm.
WEST'N Business Park | Nürnberg
BEOS AG and Convalor are realizing the next exciting business project within the next few years on a property of around 22,400 sqm that is situated in the strategically profitable industrial and business area "Höfen" in Nürnberg. A production building with about 4,400 sqm and a storage hall with about 915 sqm have been taken over by the developers, 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.
NK20 Business Park | 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