Photo credit: Toam Architecture
Limehome, a technology-based provider of design flats in Europe, expands in new locations and signs management contract for the first time: owner benefits from operational know-how of the PropTech, putting additional 112 flats planned in three major German cities
The Munich-based hospitality start-up limehome has secured three more locations in Halle (Saale), Kassel and Duisburg. The PropTech is thus expanding its portfolio by 112 flats in attractive city centre locations in Germany.
In Halle, limehome acts as manager of the commercial property. The provider of fully digitalised design flats is also lending its expertise to the rejuvenation of the building. "Management contracts are definitely strategically relevant for us and will continue to play a role in the future," says Ricky Bichel, Team Lead Business Development – Strategy & Portfolio. "The German market in particular has preferred lease agreements so far. However, we see a steadily growing interest in management contracts."
After a comprehensive revitalisation, 53 flat units will be created in the former Reichsbahnamt in Halle. A restaurant is planned for part of the ground floor. The historic building will thus be given a new, innovative use concept after being vacant for around six years. "The cooperation with limehome has been extremely cooperative. From day one, we benefited from limehome's know-how. I am very pleased to revive the building with limehome's contemporary concept," says property manager Dan Schneid, E-K-S Halle GmbH.
The planned limehome flats in "KUBIKK" on Duisburg's Münzstraße are also part of a so-called mixed-use property: 32 design flats with a view of the city hall are being built on two floors in the former retail property. Other commercial operations such as a fitness studio, a day spa (MyWellness) and gastronomic units are planned. Along with other large-scale projects (including Mercatorquartier and 6-Seen-Wedau), Duisburg's Old Town is part of a large-scale transformation process taking place in the Rhine metropolis. "We are proud to accelerate the developments in Duisburg's old town with KUBIKK and are very pleased to have signed the contract with limehome," says architect Bernd-Claas Gesterkamp, who developed the KUBIKK brand and manages its marketing.
The new location will be limehome's seventh location in the Rhine-Ruhr metropolitan region, following Dortmund, Essen and Moenchengladbach, as well as the locations already signed in Cologne, Oberhausen and Gelsenkirchen.
The new units in Kassel are located not far from the museum district in the city centre. The conversion of the former office space creates space for 27 flats for short and long-term stays. "We are creating urban living spaces that continue to write history, thus contributing to the revitalisation of Kassel's city centre," says architect Dipl.-Ing. Judith Fiebiger.
"We continue to see great potential in German B to D cities. That's why limehome is also focusing on growth here with the new signings. In addition, conversions remain exciting for us thanks to our flexible expansion profile, so that even former department stores fit into our spectrum," explains Ricky Bichel.
Contact for media enquiries
Angelo D'Abundo
schoesslers GmbH
limehome@schoesslers.com
+49 160 904 82022
limehome GmbH
Reichenbachstraße 31
80469 Munich
www.limehome.com
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
