International Campus opens “THE FIZZ+ Freiburg” with 149 high-quality student apartments
- All apartments of the first construction phase sold
- More than 90 per cent of apartments already leased
The student residence “THE FIZZ+ Freiburg” in the popular district Freiburg-Zähringen has been completed and is now open. More than 90 per cent of the 149 high-quality, fully-furnished one and two-room apartments have already been leased. While a few of the apartments constructed in the second phase are still available, all first-phase 116 apartments have been sold. For the management and letting of “THE FIZZ+ Freiburg“, which is constructed with the low-energy building standard “Freiburger Effizienzhaus 60”, International Campus AG is responsible.
Horst Lieder, CEO of International Campus AG: “Just in time for the start of the winter semester 2014/15 and the traditional welcome-day of the University of Freiburg in the stadium of SC Freiburg the “THE FIZZ+” is ready. We are delighted that our premium student residence has been almost fully leased before the semester has even begun.” Around half of the apartments are occupied by international students, many of them on the European Erasmus + programme. “We wish all students a warm welcome as well as a successful start to their studies,” Lieder added.
“THE FIZZ+ Freiburg” offers a high quality of living and studying thanks to spacious, fully-furnished apartments of between 27 and 30 square metres on average, most of them with their own terraces or balconies. Other highlights include seminar rooms, a laundry room, and a house coordinator, all of course in an excellent location. The student residence has around 100 spaces for bicycles and 29 parking spaces for cars as well as an inner garden area. The privately financed student residence on the corner of Zähringer Straße and Tullastraße represents an investment volume of 2 roughly €22 million for both construction phases. The all-in rents, which include electricity, heating, water, furnishings, high speed internet access and all ancillary charges, start at around €450 per month.
Aribert Frece of Stuckert Wohnbau AG, that developed “THE FIZZ+ Freiburg” in a joint venture with GEWO GmbH, commented: “Due to the innovative concept and high-quality construction of the student residence, we have struck a chord with investors, while at the same time easing the tight market for student housing in Freiburg.” Frece added: “Now that “THE FIZZ+” is finished, it is easy to see that it fits in well with the rest of the Zähringen neighbourhood. Thanks to the building’s well-designed structure, the concierge service and the excellent insulating materials that have been used, the noise level won’t be any higher than when the Esso petrol station used to be there.”
With over 215,000 inhabitants, the city of Freiburg im Breisgau is a renowned university town with a prospering economy. Besides the Albert Ludwig University of Freiburg, the city is home to other educational and research establishments, including institutes of the Max Planck Gesellschaft and the Fraunhofer Gesellschaft. In winter semester 2013/14, more than 32,000 young people from Germany and abroad were studying in the city on the Dreisam river.