New project in Ludwigshafen

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International Campus Develops a New Student Apartment Project in Ludwigshafen in Germany

  • Inter­na­tio­nal Cam­pus acqui­res plot for pla­nes stu­dent apart­ment block with more than 330 apart­ments and a day nur­sery on the ground flo­or
  • The Stu­dent resi­dence is part of the con­ver­si­on of the for­mer ‘Hal­berg-Are­al’ site into a modern mixed-use dis­trict clo­se the river Rhi­ne
  • Uni­ver­si­ty of Mann­heim, the Uni­ver­si­ty of Appli­ed Sci­en­ces Lud­wigs­ha­fen, and seve­ral voca­tio­nal schools loca­ted insi­de the catch­ment
  • Inter­na­tio­nal Cam­pus has acqui­red three stu­dent housing deve­lo­p­ments this year with a total of 2,200 apart­ments, among others via for­ward deals

Inter­na­tio­nal Cam­pus Group (IC), a lea­ding inves­tor, deve­lo­per and ope­ra­tor of stu­dent and urban living con­cepts in Euro­pe, just acqui­red a plot ear­mark­ed for a plan­ned stu­dent apart­ment block in the city of Lud­wigs­ha­fen in Rhi­ne­land-Pala­ti­na­te from Aber­deen Stan­dard Invest­ments Deutsch­land AG and GeRo Real Estate AG. Inter­na­tio­nal Cam­pus will deve­lop the sche­me with around 14,000 squa­re met­res (GFA) with its own in-house deve­lo­p­ment team. The stu­dent apart­ment block is part of a lar­ger dis­trict deve­lo­p­ment and will have more than 330 flats, around 135 car and around 400 bicy­cle par­king spaces, as well as gene­rous com­mu­nal are­as, such as roof ter­races and com­mu­nal kit­chens. Con­s­truc­tion work on the cor­ner of Hal­berg­stras­se and Rhein­al­lee will com­mence late in 2022 with an ope­ning sche­du­led for late 2024. A day care faci­li­ty will be included on the ground flo­or of the buil­ding.

”This gre­at loca­ti­on clo­se to the river Rhi­ne is a gre­at addi­ti­on to our THE FIZZ port­fo­lio and we don’t curr­ent­ly have a sche­me in Rhi­ne­land-Pala­ti­na­te. The macro and micro loca­ti­on abso­lut­e­ly con­vin­ced us as all key insti­tu­ti­ons in both Lud­wigs­ha­fen and Mann­heim can be acces­sed quick­ly from the sche­me”, noted Micha­el Stapf, CIO of the Inter­na­tio­nal Cam­pus Group. “We would like to thank the City of Lud­wigs­ha­fen for the coope­ra­ti­ve col­la­bo­ra­ti­on and are plea­sed to be part of a lar­ger neigh­bour­hood deve­lo­p­ment with a good urban plan­ning con­cept. Inter­na­tio­nal Cam­pus will mana­ge the pro­per­ty and deve­lop it in-house. With addi­tio­nal stu­dent flats, we will reli­e­ve the strai­ned housing mar­ket in the metro­po­li­tan regi­on. The day care on the ground flo­or will also con­tri­bu­te soci­al­ly to the neigh­bour­hood.”

THE FIZZ Ber­lin in Lud­wigs­ha­fen: Visua­li­sa­ti­on © Ste­fan Fors­ter GmbH

THE FIZZ Ber­lin in Lud­wigs­ha­fen as aeri­al view: Visua­li­sa­ti­on © d.i.i.

“For Inter­na­tio­nal Cam­pus, the pro­per­ty deve­lo­p­ment in Lud­wigs­ha­fen repres­ents the third acqui­si­ti­on for the brand THE FIZZ this year, having pre­vious bought assets in Ber­lin and Lei­den. On the top of that, we have had ope­nings in Frei­burg, Ham­burg and Utrecht over the past seve­ral months,” says Rai­ner Non­nen­gäs­ser, Exe­cu­ti­ve Chair­man of the Inter­na­tio­nal Cam­pus Group. “With Lud­wigs­ha­fen included, we acqui­red about 2,200 apart­ments in 2021, brin­ging the total num­ber of units eit­her ope­ra­tio­nal or under deve­lo­p­ment in Ger­ma­ny, the Czech Repu­blic, Aus­tria and the Net­her­lands up to around 6,900 units. In the year ahead, we will keep step­ping up the pace of growth for our two brands, THE FIZZ and HVNS, with fur­ther acqui­si­ti­ons in attrac­ti­ve metro­po­li­ses and uni­ver­si­ty cities.”

THE FIZZ Lud­wigs­ha­fen, loca­ted in the sou­thern sec­tion of the inner city, will be opti­mal­ly con­nec­ted to the regio­nal rail and rapid tran­sit sys­tem via the rail­way sta­ti­on Lud­wigs­ha­fen-Mit­te. The city cent­re is only a short walk away. The Rhi­ne pro­me­na­de and the city park are also within wal­king distance. The Uni­ver­si­ty of Mann­heim can be rea­ched quick­ly by tram, on foot or by bicy­cle via the near­by Kon­rad Ade­nau­er Bridge.

Mann­heim is the cent­re of the eco­no­mic­al­ly strong Rhi­ne-Neckar metro­po­li­tan regi­on and, with around 310,000 inha­bi­tants, the second lar­gest city in the fede­ral sta­te of Baden-Würt­tem­berg. Lud­wigs­ha­fen has around 170,000 inha­bi­tants and is the second lar­gest city in the fede­ral sta­te of Rhi­ne­land-Pala­ti­na­te. Lud­wigs­ha­fen also has a uni­ver­si­ty with just under 5,000 stu­dents, who­se Max­stras­se loca­ti­on is also near­by.

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