News & Stories
Frankfurt/Munich. The analysis about strength and size of European building constructors reveals: after turnovers, Hochtief remains the third largest European building group; with Bilfinger Berger as a second German constructor ranking tenth. All in all, Germany is represented with eight businesses in the Top 100, Great Britain leads with 28 companies; although France provides the two top candidates, it is only represented by five companies.
Dubai/Zurich. The Moevenpick Hotel Bur Dubai, which has been part of the portfolio of the international hotel group headquartered in Switzerland since summer 2003, will complement its offer with a new residence building, the "Moevenpick Hotel & Residence Bur Dubai", in February 2009. With this step, Moevenpick is deliberately entering the residence business.
Berlin. In his new book "Licence to Dupe", Funds Analyst Stefan Loipfinger looks back on his long experience in financial journalism. He speaks openly of dilettantes and frauds, names names and is frank in his criticism - hotel funds included. A Christmas reading tip.
Zurich. Credit Suisse Real Estate Fund LivingPlus acquired the Hotel Giardino including its spacious spa in Ascona in Switzerland's Ticino on 10th November 2008.
Bern. 250,000 people visited "Westside", the new shopping and leisure time mall in Bruennen near Bern, Switzerland, within the first three days after the opening. It consists of a shopping mall with 55 shops, enclosed by an adventure pool including spa, a fitness park, restaurants, a hotel and a multiplex cinema. All that had been planned by Migros, the largest Swiss commercial enterprise, and it was realised within three years. Cost: 500 million Swiss francs. Top-class architect: the American Daniel Libeskind. The hotel: a Holiday Inn.
Munich. Timeless and casual - right in line with Levi's cult jeans. With these two attributes, the "25hours Frankfurt tailored by Levi's" convinced the jury and won the "Hotel Property Award 2008". The award was presented in the course of the Hotel Development Conference "hotelforum" in Munich last week.
Dresden. Investor Dieter Bock is to sell the building "Am Zwinger" for which there are plans for InterContinental to take up residence in the next few years. The prominent building situated in Dresden's city centre was sold through Octavian Holding. At the same time, the reclusive entrepreneur officially announced how he will proceed in respect of the renovation of the Kempinski Atlantic Hotel Hamburg.
Frankfurt. Deka Immobilien GmbH has commissioned Hochtief Property Management GmbH, Essen, and DeTeImmobilien, Deutsche Telekom Immobilien und Service GmbH, Frankfurt, to carry out the property management of 220 properties in Germany beginning on January 1, 2009. This also includes the hotels of Deka.