German real estate company and project developer 3C Real Estate has commenced construction of Lomarer Hofe, a new Eur 12mln inner city development, in Lohmar. The project, which comprises some 5,500m[sup]2[/sup] of offices, flats and convenience centre, is expected to complete end 2008. Contracted tenants include Rossmann and KIK and further tenants are also currently in negotiations.
German real estate company and project developer 3C Real Estate has commenced construction of Lomarer Hofe, a new Eur 12mln inner city development, in Lohmar. The project, which comprises some 5,500m2 of offices, flats and convenience centre, is expected to complete end 2008. Contracted tenants include Rossmann and KIK and further tenants are also currently in negotiations.
Other investors include Apollo-Redos Development Fund Projekt Lohmar as well as its members Apollo Real Estate Advisors, London and Redos Real Estate, Hamburg.
Torsten Kuttig, manager of 3C Real Estate, said the project was 'an example of a moderate and demand-actuated inner city development.'
