Real estate company Groß & Partner is pushing ahead with construction projects in Frankfurt despite the crisis

Real estate company Groß & Partner is pushing ahead with construction projects in Frankfurt despite the crisis

According to a report from www.fnp.de, the local real estate company Groß & Partner is pushing ahead with several construction projects in Frankfurt despite the crises, including a high-rise at the trade fair. The company plans to start two high-rise projects this year, including a 111-meter-high office tower called “Nion” on the last available building site on Europa-Allee. The company is currently negotiating with potential tenants and the start of construction depends on a pre-letting rate of at least 60 percent. In addition, Groß & Partner is planning the revitalization of the former Union Investment high-rise on the banks of the Main and is nearing completion of the mega-project “Four” consisting of four high-rise buildings in downtown Frankfurt.

These activities are expected to have an impact on the real estate market in Frankfurt. The planned construction of new office and residential high-rises as well as the revitalization of existing buildings are an indicator of the ongoing interest in real estate in Frankfurt. The development of new construction projects also shows an optimistic view of the future of the real estate market and signals potential growth and investment opportunities. The company's planned expansion into other regions such as Cologne/Düsseldorf, Berlin and possibly Munich also suggests further growth opportunities and investments in other parts of Germany.

Groß & Partner's growing presence in the market as well as the company's diverse activities indicate that the real estate market in Frankfurt and beyond will continue to remain agile and dynamic. These developments could also encourage investors and other real estate developers to consider similar projects. The market could expect additional construction activity and a diversified real estate landscape.