Frankfurt, 14.07.2015
Today, Frankfurt-based real estate investor Deutsche Immobilien Chancen (DIC) laid the foundation stone for “WINX - the Riverside Tower” at the MainTor quarter during a festive ceremony of around 400 guests from the world of politics, business and culture. Peter Feldmann, Lord Mayor of Frankfurt, and entrepreneur Susanne Klatten who acquired the WINX Tower with its more than 42,000 sqm of commercial floor area from DIC in late 2014, figured prominently. The festive ceremony culminated in the unfurling of a sky flag of 120 sqm that mimicked the appearance of the WINX Tower and thus conveyed a first visual impression of the future building at MainTor.
About WINX – the Riverside Tower:
The WINX complex includes the portal building with its spectacular glass lobby 11 metres high, and the WINX Tower of 28 floors overall and a height of 110 metres. Construction started in early 2015 with the excavation of the pit, the completion being slated for the end of 2017 or early 2018. Raised according to the plans of the architectural firm KSP Jürgen Engel, the development will add another conspicuous landmark building to Frankfurt's skyline. The total amount invested in the office tower will approximate 350 million euros. Until the time of completion, DIC will remain responsible for the entire property development, for the realisation of the building, and for letting it.
With its striking shape, the WINX Tower will serve as riverfront gateway to Frankfurt's financial district downtown. Its modern architectural style and its high-end design with floor plans of maximum flexibility lend a standalone character to this office tower compared to other local high-rises. It combines an elegant language of form and smart space and energy planning with a high-end fit-out. Its intelligent construction with floor-to-ceiling windows gives it the most intense inflow of day light of any high-rise in Frankfurt, a fact that optimises the conditions for a pleasant working ambience. At the same time, brightness and temperature can be custom-controlled for each office unit.
Leases Signed by Vapiano
What breathes life into the new quarter is a tightly knit network of retail units, service providers and gastronomy venues, giving the people who live and work here high-quality options to cover their non-discretionary needs swiftly and efficiently. The first leases have just been signed. For one thing, a branch of the Vapiano chain of restaurants, specialising in Mediterranean cuisine, will occupy around 1,000 sqm on the ground floor of the portal building at the WINX, while the K4 gym is already well established at the “Patio”. Since February 2015, vegetarian and vegan dishes and drinks have been served at Vevay in the “Primus” building. At the “Porta” building, the Wewe café by Wessinger will offer a relaxing and easy-going coffee house experience.
As a reminder:
DIC has sold, prior to completion, all six of the sub-projects that form MainTor Quarter for a total investment volume of approximately 800 million euros. Specifically, “MainTor Primus” was sold in June 2011, “MainTor Panorama” and “MainTor Patio” in August 2012, and “MainTor Porta” in December 2013, while the last of the condominiums at “MainTor Palazzi” has also been sold. Out of the total lettable area of around 100,000 sqm at MainTor, roughly 80 percent are already let. In late 2014, Union Asset Management Holding AG (“Union Investment”) had already signed a long-term lease for 60 percent of the floor area at the WINX Tower. The SDAX-listed company DIC Asset AG acts as co-investor and holds a 40 percent interest in the development of the quarter.
About Deutsche Immobilien Chancen Gruppe (DIC):
Deutsche Immobilien Chancen (DIC) with registered office in Frankfurt am Main was set up in 1998. Today, it is active across Germany and one of the country's leading investment entities for commercial real estate. The business model focuses on equity investments in the listed company DIC Asset AG (SDAX) and the public limited company GEG German Estate Group AG. In addition, DIC engages in joint venture investments in property developments such as the MainTor quarter in Frankfurt or the Opera Offices NEO in Hamburg.
For more details about the MainTor project, go to www.maintor-frankfurt.de and to find out more about the WINX Tower, go to www.winxtower.de
Chronology – The Key Miles Stones and Marketing Steps of MainTor:
Deutsche Immobilien Chancen AG & Co. KGaA
Neue Mainzer Straße 32 - 36
60311 Frankfurt am Main
Germany
Phone
+49 (0) 9450709–0
Fax
+49 (0) 69 9450709–9998