Berlin: luxurious “yoo berlin” residential development by the River Spree. Foundation stone now laid by Peach Property Group.
Berlin, 24 November 2011 – The exceptional “yoo berlin” residential project is currently being built in a unique location on the bank of the River Spree in central Berlin. The Swiss Peach Property Group Ltd, European leader in luxurious residential buildings, has developed this project with interiors designed by “yoo inspired by Starck”. Today sees the laying of the foundation stone of the 10 story building which will accommodate a total of 87 premium apartments and commercial floor space upon completion in early 2013.
The traditional ceremony to mark the laying of the foundation stone is an occasion for words of welcome from Berlin Senate Building Director, Regula Lüscher, the architect, Eike Becker, and the Chief Executive of the Peach Property Group for Germany, Ralf Vorrink. Many guests are attending the event alongside the people directly involved in the building work. The “yoo berlin” project comprises 12,800 m2 of residential floor space with prices starting from EUR 4,100 per m2. The interior design of the apartments is by ”yoo inspired by Starck”, from design company yoo, under the Creative Directorship of renowned designer Philippe Starck. Deeds of sale have already been signed for 40% of the planned accommodation in “yoo berlin” with reservations for a further 15%. Structural engineering work has begun. The first floor will already be completed in February 2012.
Dr. Thomas Wolfensberger, CEO of the Peach Property Group Ltd, comments: “With ‘yoo berlin’ one of the most prominent locations in Berlin has been dedicated to a new use. We always give priority to the development of outstanding properties at the finest sites for our customers and have successfully done so with ‘yoo berlin’. We welcome the strong demand from buyers. This project will greatly enhance the success of the Peach Property Group”.
The floor space of the apartments on sale ranges from 62 m2 to 339 m2. Potential buyers have a choice of six different residential concepts and four finish styles. Special features for the future occupants include a stylish lobby with a concierge service and a private wellness and spa zone with a bar and café – all “inspired by Starck”. With its clear lines and big windows, the “yoo berlin” building creates a light and transparent effect. An authentic impression of the spacious residential accommodation, including a view from the roof terrace over the Spree, Museum Island, Friedrichstrasse and activities on the construction site itself, is provided by the fully fitted 350m2 showroom.
Eike Becker, the architect, has this to say about the laying of the foundation stone: “22 years since the wall came down, after 27 years of an unattractive vacant site, after 2 competitions with 27 design projects for this site and after many, many negotiations, I am so happy that the foundation stone is being laid today! The property and the site are now to be developed. They both bear witness to the successful and tenacious cooperation between all concerned – for the benefit of the city”.
The foundation stone of “yoo berlin“ is being laid for the Peach Property Group just a few weeks after the topping out ceremony for the “Harvestehuder Weg 36” project, a luxurious property with 63 apartments directly on the Außenalster in Hamburg, and a similar ceremony for the “Schooren des Alpes” project. This is being built by the company at Kappl near Ischgl in the Tyrol, one of the top winter sports resort areas of the Alps. It comprises 12 luxury residential units with a floor space of between 133 m2 and 246 m2. The group’s largest project to date is the „Peninsula“, covering 30,000 m2 on the shore of Lake Zürich.
Further information:
yoo inspired by Starck, Berlin www.yooberlin.com
Peach Property Group Ltd www.peachproperty.com
Further Peach Projects:
Germany
Harvestehuder Weg 36,
Hamburg www.harvestehuderweg36.de
Austria
Schooren des Alpes www.elevated-living.at
Switzerland
Peninsula www.peninsula-waedenswil.ch
Peninsula Beach House www.beach-house.ch
Press contact for projects in Germany and Austria:
Koopmann.kommunikation | Hans Peter Koopmann
Tel. +49 171 45 77 889 | post@koopmannkommunikation.de
Press contact for Peach Property Group Ltd:
Barino Consulting | Siro Barino
Tel. +41 79 335 24 24 | info@barino.ch
Information about the Peach Property Group Ltd
Peach Property Group Ltd is one of the leading developers of luxurious residential properties in the German- speaking countries of Europe. Its activities cover the entire added value chain leading up to the construction of premium properties from site evaluation via design to construction and marketing. The Peach Property Group focuses on urban and holiday homes at exceptional sites with top quality finish to satisfy an exacting clientele.
Peach Property Group Ltd employs 34 real estate and financial specialists at its headquarters in Zürich and in the Cologne branch establishment. The group is currently planning and building 14 projects with a total marketing volume target of around CHF 800 million. Peach Property Group Ltd has been listed on the SIX Swiss Exchange since 12 November 2010 (PEAN, ISIN CH0118530366).
Further information at www.peachproperty.com.