Hamburg Eppendorf - the niu Bricks Hamburg

Just in time before the end of 2016, OFFICE FIRST AG (formerly: IVG Immobilien AG) announced the signing of the lease agreement for the hotel “the niu Bricks” in Hamburg’s Eppendorf district. Once completed at the end of 2020, the high-rise building with its elaborate clinker façade will be the new architectural landmark at the entrance of the Zeughaus Quartier and will be the second hotel in Hamburg to run under the “the niu” brand by NOVUM Hospitality.

Located on Christoph-Probst-Weg and as part of the Zeughaus Quartier, the building with a total gross space of approx. 6,650 m², distributed over a ground floor, nine upper floors and an additional basement floor, will fit in perfectly with the existing area development. Meticulous and continuously optimized planning made it possible to create 192 guest rooms, resulting in an extremely high space efficiency. In addition, the midscale hotel will have a generously spaced reception area with an open Living Lobby and in-house bar on the ground floor.

In the meantime, the project development has been successfully sold by OFFIC FIRST AG and is under construction. Within the framework of this man-date, Feuring was fully responsible for the procurement of a hotel operator. Our task included addressing potential lessees, assessing and pre-negotiating conditions, as well as advising on the final selection of the operator. In co-operation with OFFICE FIRST AG, we also carried out the negotiations of the lease agreement and largely contributed to setting up the execution version for the agreement, including all attachments.