Brera Serviced Apartments expands its portfolio with a new property in Frankfurt with 150 units.
The new building will be located on Solmstrasse 58. The developing company is City 1 Group GmbH which is also responsible for the development of 120 public apartments in the “W – Double U” project.
Vassilios Farmakis, Managing Director City 1 Group, Benjamin Djebali, Head of Acquisition Brera Serviced Apartments and Matteo Ghedini, CEO Brera have signed the contract this week.
The brand now counts six properties. The locations Munich, Frankfurt and Nuremberg are already successfully in full operation. Leipzig, Ulm and the second property in Frankfurt are signed and in the pre-opening phase.
„Our new location in the City West Frankfurt does not only support my positive view towards the Serviced Apartments industry but also my believe in the destination Frankfurt as a developing and constantly growing area” says Matteo Ghedini, CEO Brera Serviced Apartments.
The property will hold 150 apartments between 20 and 42m² as well as a “community area”. Finishing and opening is expected to be in Fall 2020.