ONE ROOF

102 Annual Report 2009
In Cologne, HOCHTIEF Projektentwicklung sold the
maxCologne building to HIH Hamburgische Immobilien
Handlung before construction had even started. The
project has been purchased for an institutional special
fund of Warburg-Henderson in which the sole investor
is Rheinische Versorgungskassen. The property, situated
on Kennedy-Ufer on the banks of the River Rhine,
is being revitalized in accordance with the latest standards
for new buildings and sustainability criteria. The
rental area of some 46,000 square meters in the max-
Cologne building, for example, is to be heated and
cooled largely with renewable energies. The aim is to
attain a certificate in gold from the German Sustainable
Building Council. The building complex located directly
on the Rhine embankment promenade offers flexible
office space with a view of Cologne Cathedral and the
Old Town.
At the start of 2010, work also began on the “HOCHTIEF-
Haus” in Hamburg-Barmbek, which in future will house
all of the locally-based HOCHTIEF companies in line
with our one-roof concept. By the end of 2011, two interconnected
new buildings with a good 25,600 square
meters of gross floor area will have been built with offices,
conference zones and a company cafeteria. Several
retail spaces on the ground floor have already been
pre-leased.
We also notched up international success in the office
segment: HOCHTIEF Development Schweiz leased just
over 6,300 square meters of office space in the Portikon
in Zurich to an international pharmaceutical company
and sold the property to ACRON HELVETIA VII Immobilien
in the fiscal year. This is the biggest building so
far to be built to the Swiss Minergie-P standard (similar
to the German passive house standard). The energy it
needs for its technical installations is almost entirely
covered with a photovoltaic system. The seven-story
atrium building has a restaurant and two underground
parking levels. HOCHTIEF Facility Management assumed
management of the property.
HOCHTIEF Development Czech Republic concluded
rental agreements for almost 18,700 square meters of
office and retail space in the Trianon office and commercial
building in Prague. The building was sold to the
real estate fund company Union Investment Real Estate
prior to the start of construction and was completed in
early 2009. It is the fourth project development of our
Prague subsidiary.
Retail segment
The KOMM inner-city shopping, service and experience
center in Offenbach opened its doors in fall of 2009.
The sister company HOCHTIEF Facility Management
then assumed operation of the building, which offers
15,700 square meters of retail space.
In downtown Aalen, Baden-Württemberg, construction
work began on the mercatura center, comprising a
gross overground floor area of almost 27,000 square
meters. In addition to a shopping mall with both high
street and up-market shops as well as food outlets,
there is service and office space. The green roofs also
house apartments with roof gardens.
Residential segment
As part of a consortium, HOCHTIEF Projektentwicklung
developed the Marco Polo Tower, an architectural landmark
on Strandkai (beach quay) in Hamburg. The sustainable
building concept includes solar collectors, the
energy from which is used to regulate the temperature
in the 58 condominiums. The residential tower won at
this year’s European Residential Property Awards: The
56-meter building was named “best high-rise development”
and awarded five stars. Seventy percent of the
apartments have already been sold.
Care segment
In the district of Augsburg, HOCHTIEF Projektentwicklung
celebrated the start of construction on another
care home with 76 beds. The facility will be built and
operated on the basis of a house community concept.
The life insurance company Swiss Life has acquired
several of these facilities as the end investor: At the
start of 2009, we sold three care homes for 215 senior
citizens overall; in December, we sold another four
homes, with capacity for 80 residents each.