DERECO, Cologne has successfully concluded the sale of the new residential complex
"Beuth Lofts & Houses" in Düsseldorf Pempelfort. The sellers are the project developer PDI Property Development Investors GmbH, Düsseldorf (an associate company of Rickmers Group, Hamburg) and GWI Bauunternehmung GmbH, Düsseldorf. The buyer is a new special fund established by Aachener Grundvermögen Kapitalanlagegesellschaft mbH, Cologne.

The topping out ceremony and the start of rental of the modern and future-oriented residential complex already took place in late September. Completion is expected in spring 2012. The approx. 2,500 m² site will contain approx. 6,000 m² of gross floor area which will be used exclusively for residential purposes. The balanced and user-oriented residential mix includes a total of 51 rental units with one to four rooms.

Special highlights are the townhouses and garden lofts being built in the inner quadrangle.
The high-quality facilities are underlined, amongst others, by a floor height of 2.70 m and
particularly stylish bathrooms.

DERECO, Cologne was responsible for transaction initiation and consultancy.