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News Release

HONG KONG

Berlin’s Luisenpark Quarter launches in Hong Kong


HONG KONG, June 20, 2017 – German developer, formart GmbH & Co. KG is building the Luisenpark Quarter in central Berlin. The developer has appointed JLL to launch the project in Hong Kong.

One of the largest developments in the German capital and located on the border of Mitte and Kreuzberg, where the Berlin wall used to be, 409 premium apartments are being developed, sold to national and international buyers.

Located next to a primary school and the beautiful historical park Luisenstädtischen Kirchpark, the development is walking distance from two underground stations taking residents to Friedrichstrasse or Potsdamer Platz in less than 15 minutes.

The project has been designed by two German architects. Along Stallschreiberstr, 95 apartments, in the so-called "Cosmopolitan House", were instructed to renowned Potsdam architects Axthelm Rolvien. The apartments are sized between 40 and 156 square meters and are priced between 219.000 and 1.499.000 Euro.

The Berliner Architects Gruentuch Ernst, well-known for numerous Berlin residential projects have designed 84 apartments facing the park, named "Parkside Houses". These are sized between 45 and 132 square meters and will cost between 249.000 to 1.249.000 Euro.

The development will also hold an underground car park, suitable for electric cars, a green outdoor landscaped area with play areas for children, a concierge service as well as a package station.

The apartments have been designed with extreme efficiency and can be easily furnished. Most apartments have a loggia, balcony or terrace. Alongside the en-suite bathroom options, the larger apartments have a second bathroom as well as a laundry room.

In combination with the apartment component of the development, formart are involved in building a Kindergarden and the required affordable housing of 139 rental units.

The project is planned to be completed by the end of 2019.

Berlin is a vibrant and global city attracting people from all over the world. 

With over 170.000 students enrolled in Berlin with no college fees, it is no wonder why 40% of the population are aged under 35.

It is also home to over 2,500 tech startups, many with a Silicon Valley flair. Digital companies such as online retailer startup Zalando, based in Kreuzberg, saw a 21,3% increase in employment in the year 2015 alone. IT-Giant Google plans to set up a Google Campus, based in Kreuzberg , adding Berlin to its Campus locations, which so far include London, Madrid, Warsaw, Seoul, Sao Paulo and Tel Aviv.

Alongside the IT Tech scene, the healthcare industry is Berlin's number 2 employer, with Charite Hospital, based in Mitte, responsible for the employment of healthcare professionals from all over the world.

 

Hong Kong launch event:

Date:       24 June 2017 (Sat)

Time:       11am-7pm

Venue:    6/F, Three Pacific Place, 1 Queen's Road East, Hong Kong

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For more information about the project, please contact:

Mandy Wong, irp.hk@ap.jll.com, (852) 3759 0909 or visit

https://www.jllproperty.com.hk/international-sales

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