Montag, 18. Dezember 2017


  • Pressemitteilung BoxID 675131

Reiss & Co. lets new hotel in Kriegsbergstrasse, Stuttgart to Motel One Group

Munich/Stuttgart, (lifePR) - Reiss & Co. Real Estate München GmbH (Reiss & Co.) has agreed a long-term lease with the Motel One Group on a hotel to be constructed on the site of the former EnBW Stuttgart headquarters, between Kriegsbergstrasse and Jägerstrasse.

The plans for the new "Motel One" budget designer hotel, with its striking brick architecture, were drawn up by the well-known Lederer Ragnarsdóttir Oei (LRO) architectural practice, which also designed the adjoining prize-winning complex, built in 1996. With around 400 rooms, the new hotel will be arranged over six floors with a further, top storey offset from the frontage. The ground floor, fronting Kriegsbergstrasse, has been designed with a waved façade and will be set back from the street.

The lavishly designed brick façade will be faced with anthracite-coloured "Baggeridge" bricks, laid in English stretcher bond. The layered façade will mark the entrance area to the hotel.

Jürgen Klein, head of Reiss & Co.'s Stuttgart branch, comments: "The design of the new 'Motel One' in Kriegsbergstrasse is a masterful application of our objective of creativity, combined with the demand for architecture in harmony with our existing, adjoining building, dating from 1996.“

The almost floor-to-ceiling windows are designed in a double casement structure, with light-coloured glazing, meeting the most stringent requirements for sound insulation. There will be a landscaped, Ushaped inner courtyard with breakfast terrace, plus an additional lounge area with terrace on Goethestrasse for the guests. 140 underground parking spaces are also planned.

Architects Lederer Ragnarsdóttir Oei (LRO) were awarded the contract for the new building in July 2017. Construction is scheduled to start in Q2/2018, with completion in 2020.

The new hotel will be the fourth to be operated by the Motel One Group in Stuttgart. Reiss & Co. acquired the property direct from EnBW in October 2015. Bankhaus Ellwanger & Geiger advised the owners on the development of the hotel and has been instructed to handle its future sale. Lawyers Hogan Lovells International LLP advised Reiss & Co. on the drafting of the lease.

About the Motel One Group

Like the Price. Love the Design. – Motel One, the multi-award-winning budget design hotel group, has successfully positioned itself in Germany, Austria, the UK, Belgium, the Czech Republic, the Netherlands and Switzerland with 57 hotels and around 15,500 rooms (correct at 30 June 2017). Industry experts and guests appreciate the unique combination of high-quality furnishings, exclusive design, high service standards and first-class city-centre locations at attractive prices. The company was founded in 2000 and has its headquarters in Munich. In the first six months of 2017 it generated turnover of EUR 185 million with an average occupancy rate of 77 per cent. For further information, visit www.motel-one.com

Reiß & Co. Real Estate München GmbH

Reiss & Co. Real Estate München GmbH is an independent investor, developer and fee-developer in the field of high-quality and complex real estate projects. The company's portfolio currently includes properties and projects with a total market value in excess of 500 million Euro. As well as the construction of residential facilities, its expertise is in the development of office, hotel and retail buildings - refurbishment or new build projects - in high-class city centre locations. With its three offices in Munich, Stuttgart and Berlin, Reiss & Co combines professional competence with well-founded local knowledge and established networks.

The firm has been managed by Dipl.-Kfm Oliver Reiss since it was founded in 1999.

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