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Frankfurt: New residential projects opening 'Mainhattan' to overseas investors

September 11th 2019

By South China Morning Post

Frankfurt is one of the most consistently appealing cities in Europe for commercial and residential investment. Nicknamed 'Mainhattan' for the skyscrapers of its thriving business district, Frankfurt's reputation as a robust financial capital is getting stronger every year, with a growing labor market and many global companies choosing to relocate their European headquarters from London due to concerns over Brexit.

Along with its rich cultural credentials and abundant green space, the German city is one of the most popular places to live and work in the continent. This is fueling demand in the Frankfurt property markets, where the supply of residences is lagging behind population growth of around 15,000 per year. New-build activity is at an all-time high to try to meet this demand, with a number of major residential projects currently under construction close to the financial center and surrounding districts.

Investors and landlords who can get a foothold on the Frankfurt property ladder can expect to see double-digit price growth for the foreseeable future. Research found that asking purchase prices for condominiums rose by 11.2 percent on average in 2018, the highest growth in districts to the west of the city center. Rents rose by 6.4 percent over the same period, up to 12.6 percent for high-end properties.

Germany's global city

Consistently named one of the world's most livable cities in Mercer's annual surveys, Frankfurt is a truly international city where more than half the population was born overseas. Home of the European Central Bank, German Stock Exchange and multinational banks, Frankfurt's financial sector employs more than 400,000 people. There's also a thriving tech startup scene, supported by a number of universities and technical colleges in the area.

Its reputation for finance has sometimes seen the city characterized as boring, but the opening of new retail, dining and leisure destinations such as the Europaviertel (European Quarter) are turning that perception around. This cultural quarter features the new Skyline Plaza mall with 170 outlets, connected to the rest of the city by a subway station and walking distance from the banking district, the restaurants of Fressgass, the historic Altstadt and the nightlife of the railway station district.


More than half of the city area is open green space, including over 40 public parks and a green belt stretching several miles. Development activity in Frankfurt has been carefully planned to preserve its heritage and nature, with new residential landmarks such as EDEN by developer Immobel being designed to blend sensitively with surrounding architecture and greenery.


Luxury lifestyle


At the entrance to the European Quarter and Skyline Plaza, with direct access to the underground Metro, EDEN will be an enviable new address in the center of Frankfurt when it opens its doors in the next few years, just 10 minutes from the financial district. Construction of the residential tower began last year, and when complete its sleek glass façade will rise 320 feet (98 meters), with a roof garden and hanging greenery keeping residents in touch with nature.


EDEN features 263 studio, one-bed and two-bed apartments across 27 floors, offering striking views over the rooftops of central Frankfurt through full-height windows and from private balconies, loggias and terraces. The open-plan interiors are available in a choice of three design lines, complete with branded kitchen appliances and luxury furnishings. Residents at EDEN can also take advantage of hotel-style amenities on site, including a fully-equipped gym on the ground floor and a 24-hour concierge service in the lobby, with 100 secure underground parking spaces.


A select number of apartments at EDEN are now available for overseas property investors and owner-occupiers ahead of its completion in Q4 2022. Prices range from €355,500 to €3.2 million , depending on the unit size and specification. For more information about EDEN and other residential properties in Frankfurt and Berlin, contuct us +357 25754514