 |
 |
 |
 |
 |
|
|
|
|
||
|
Riem Arcades: plans of construction submitted Munich/Essen/Hamburg. The DM 650 million Riem Arcades mall took a giant step forward today. The construction plans of the project, set for completion by autumn 2003, were submitted to the municipality of Munich's department of urban planning and construction. |
|
|
|
||
| Entailed in the project is the construction
of 119,000 square meters of usable space. "The size of the project
mandated our applying for permission-which was subsequently granted-to
submit four individual sets of plans to the authorities," stated
Jürgen Ehrlich. He is member of the executive board of the Hamburg-based
DIFA, the investor financing the mall, which is to be developed by
Essen's mfi. |
||
|
||
|
As Ehrlich explains, the submission of a 'four-pack' of plans will enable the authorities to process them concurrently. "This will speed up the approval process, enabling us to meet our deadline of launching the actual construction of the complex on October 30, 2001," he noted. |
||
|
||
|
Comprising 146 individual plans and sketches,
the documents submitted were prepared using the designs created
by Munich's ASW (Allmann Sattler Wappner) and Hamburg's NPS (Nietz
Prasch Sigl Tchoban Voss) firms of architects. "Fifteen large-sized
boxes were needed to transport the documents to the planning department,"
reported Stefan Kowalczuk, who leads the team set up by mfi to develop
the mall. |
||
|
||
|
Briefing on Riem Arcades |
||
|
||
|
Located in Munich's MS Riem area, the mall will have a total of 119,000 square meters of usable space. This will be comprised of 46,500 square meters of space reserved for retailers (to be taken up by 160 stores), 26,500 square meters for offices and 18,000 square meters for leisure-time facilities. Also to be included in the project are 80 large-sized apartments, a multiplex cinema, a hotel (with 220 rooms), a community center, restaurants and much more. |
||
|
||
|
DIFA (Deutsche Immobilien Fonds AG) forms part of Raiffeisen group of financial institutions. DIFA is one of the largest investors in Germany in open real estate funds. Included in these funds' portfolios are some 160 commercial properties. These are located in the world's leading centers of business. Among them: Munich, in which the company, owns seven properties, in addition to the one in MS Riem. |
||
|
||
|
mfi Management für Immobilien AG develops and manages--on a long-term basis--downtown malls and business parks. It also takes capital stakes in its projects. |
||
|
||
 |
For further information,
please visit http://www.mfi-online.de/objekte/ arcaden/riem-arcaden/index.html or contact mfi Ms. Petra Richter Tel.: (+49-201) 820 810 E-mail: mfi.essen@mfi-online.de |
|
|
||
|
|
|