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Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents

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Immofinanz AG Updates on Gerling Quartier in Cologne Project

Monday, 28 Oct 2013 09:38am EDT 

Immofinanz AG announced that within the Gerling Quartier in Cologne, all ten building shells in the first stage of construction have been completed. The completion of this first stage is scheduled for the end of 2014. The second stage covers five buildings and should open in mid 2016. The total investment in the Gerling Quartier will amount to approximately EUR 400 million, and the costs to completion are estimated at approximately EUR 110 million. 

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0.018 +0.72%
11:33am EDT