New project in Aachen

SIGNA sells student apartments to International Campus Group

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SIGNA has sold a project develo­p­ment for student apart­ments in Aachen with comple­tion to the Inter­na­tional Campus Group (IC). A total of 165 apart­ments on a gross floor area of around 5,700 m² were recently completed at Kaser­nen­strasse 16 in Aachen, with apart­ment sizes varying between 18 and 32 m². The new building was handed over to Inter­na­tional Campus a few days ago and thus in time for the opening of the summer semester 2021.

“Student apart­ments continue to be coveted invest­ments,” says Tobias Sauer­bier, Managing Director of SIGNA Real Estate. “Apart­ments tailored to the needs of students are in great demand, parti­cu­larly with regard to strained housing markets like Aachen.”

“When it comes to univer­sity cities in parti­cular, living space comes at a premium. We’re convinced that our new property in optimal locations in Aachen will enjoy high demand. Our new apart­ments, with communal areas for cooking, studying and gaming, will be available in time for the 2021 summer semester. At THE FIZZ, students will also benefit from an active commu­nity, common rooms, a variety of other services and an infra­struc­ture perfectly aimed at students,” explains Michael Stapf, Chief Invest­ment Officer of the Inter­na­tional Campus Group.

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About SIGNA

SIGNA Real Estate has been develo­ping and managing excep­tional real estate projects in central locations in Germany and Austria for over 20 years. An experi­enced team of real estate experts manages all activi­ties from a project’s acqui­si­tion to its comple­tion, and it meets the highest standards with regard to profi­ta­bi­lity, techno­logy and sustaina­bi­lity. Relia­bi­lity, fairness and comple­tion on schedule are at the forefront of the team’s coope­ra­tion with project partners. These values make SIGNA a respected partner, and they are anchored in the philo­sophy of the company, which was founded by René Benko.

Its portfolio includes the KaDeWe and the Upper West Tower by the Gedächt­nis­kirche in Berlin, the specta­cular Elbtower highrise project in Hamburg’s Hafen­City, the premium Alster­haus depart­ment store in Hamburg and the Oberpol­linger and the Karstadt develo­p­ment project near Munich’s central train station. In Austria, the outstan­ding portfolio proper­ties include the premium Park Hyatt Vienna hotel and the Goldenes Quartier business district.

With these projects, SIGNA is making important contri­bu­tions to the develo­p­ment of cities. SIGNA doesn’t just concen­trate on indivi­dual proper­ties; it recon­cep­tua­lises topics such as inner city develo­p­ment, sustaina­bi­lity, variety of utili­sa­tions, networ­king and mobility. For liveable cities – for all of us.

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Contact SIGNA

Sebas­tian Schmidt
s.schmidt@signa.de
+49 30 700 108 900

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