Germany: TFE Hotels will add to its European portfolio of 11 properties in 2020 when the Adina Apartment Hotel in Munich opens its doors.
The Adina property will be part of Werksviertel, a new 39-hectare urban mixed use development project next to the Ostbahnhof, Munich’s East railway station.
The aparthotel will be located in the development’s tallest building, an 80-metre tower which will have a double-height 200-square metre ballroom on the 13th floor. Other features will be a spa area with pool, gym and sauna, and a large outdoor terrace on the 14th floor. The units will be a mix of studios and one- and two-bedroom apartments, with average sizes of 30 to 35, 40 to 55 and 55 to 80 square metres respectively. They have separate living rooms with dining and work areas, plus fully equipped kitchenettes including oven, fridge and dishwasher, not to mention washing machine and clothes dryer, giving a homelike atmosphere.
Werksviertel is a redevelopment of an industrial area where companies such as Pfanni, Zündapp, Konen and Optimol used to have their production buildings. It is being transformed into “a modern district whose aim is to create a perfect combination between working, living and leisure”. Many of the former industrial buildings will be retained alongside modern architecture.
Around 1150 apartments, 7000 jobs, a school and numerous shopping and leisure offers will be created, as well as a new concert hall, hotels, clubs and restaurants. More than 3000 people are expected to live there but the Werksviertel “will not be an isolated dormitory district. The aim is for a whole living community – peaceful but with plenty of opportunities for contact and socialising”.
To find out more about the serviced apartment market in Germany and the ways in which urban development is evolving, don’t miss the 2019 Serviced Apartment Summit RECHARGE, which taks place in Berlin on January 22 and 23. Adina is a sponsor of the event.
