In the following, we present three exciting project developers from the Hanseatic City of Hamburg. The focus of the presentations is the investment focus of the developers, current projects as well as the history of the companies. This article is based on the unique List of the 1000 largest project developers in Germany.
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1. DC Developments GmbH & Co KG (Hamburg)
DC Developments was founded in 2007 by Björn Dahler and Lothar Schubert. In addition to Hamburg, the company has a second mainstay in Berlin. Projects are realized nationwide. The focus of the business activities is on the development of residential projects. However, DC Developments also deals with district developments, hotel, office and retail projects. Since the company was founded, around three dozen projects have already been implemented or are in the process of being implemented. A current quarter project is the buildings A and E3 in the Überseequartier in Hamburg’s HafenCity with a project volume of 200 million euros. The completion of the project with approximately 400 apartments will take place by the end of 2022.
2. Garbe Immobilien-Projekte GmbH (Hamburg)
Garbe Immobilien-Projekte has been operating in Hamburg since 1965 and is involved in the development of residential and office projects as well as neighbourhood developments throughout Germany. Preferred regions for projects are Hamburg, Berlin, Cologne/Bonn, Düsseldorf and Frankfurt. Inner-city development locations and promising locations in up-and-coming districts of major cities are particularly sought after. Two typical Garbe projects in Hamburg are the Campus Tower and OnBoard – both in Hamburg’s HafenCity. The Campus Tower is an office tower completed in 2019 with a good 22,000 sqm GFA – a project worth around EUR 95 million. OnBoard is a residential building with 3,800 sqm GFA at Baakenhafen that was completed in 2018.
3. HSP7 Projektmanagement GmbH (Hamburg)
The beginnings of HSP7 Projektmanagement GmbH date back to 2006. Since then, the Hamburg-based project developer has developed into a dynamically growing company. Founder and managing director is Ali Zabih, who still heads the HSP7 group of companies. He sees himself not only as a project developer, but also as a financier of real estate projects. To this end, HSP7 not only offers classic asset management solutions but also uses crowdinvesting. HSP7 primarily wants to realize projects in residential construction in the form of multi-family houses. The spatial focus is on the Hamburg metropolitan region. One HSP7 project, for example, is the Brauhausquartier in Hamburg’s Wandsbek district – a complex with 198 residential units and 3,000 sqm of commercial space.Source: Listenchampion Image source: Unsplash