Von der Heyden Group starts construction of ‘Długi Targ’ Hotel project in the heart of Gdańsk!

‘Długi Targ’ Hotel Development Project is a unique property acquired by Von der Heyden Group in a complex tender from Millenium Bank some years back and is located in the most attractive part in the heart of Gdańsk, at the corner of historical Długi Targ Boulevard and Mieszczanska Street, almost opposite to the Neptun’s Statute and the Dwór Artusa Building.

With history of over 1000 years, Gdańsk is one of the oldest, one of the most dynamic, most popular tourist destinations in Poland. Together with Gdynia and Sopot, Gdańsk forms a conurbation of over 1.2 million inhabitants. Gdańsk, as the capital of the Pomerania Province is also an important academic and business centre in the country.

A complex tender for a General Contractor for construction works has been won by the locally based, renowned company, Allcon Sp. z o.o. sp. k. and the construction agreement was signed on April 21, 2016.

Allcon Budownictwo Sp. z o.o. sp. k. is a Pomeranian company specializing in general contracting in ‘design and build’ type contracts and ‘turn-key’ projects. During 25 years on the market, the company has completed dozens of projects for Polish and foreign investors. Allcon Budownictwo is a proud holder of a number of Certificates, issued among others by Det Norske Veritas (presently DNV GL Group), an independent international certification body. Certificates confirm compliance with the requirements of standards of quality management (ISO 9001: 2008) and environmental management (ISO 14001: 2004).

The chosen architect for the ‘Długi Targ’ Project is also a locally based company ‘Architectonica S.A.’ and the interior design is made by‘TOYA Design’ from Poznań. The Project Manger is ‘Probuild’ Sp. z o.o.

On signing the agreement, Sven von der Heyden, Von der Heyden Group’s Chairman said: ‘We have never given up to make this wonderful project a reality. Our timing at acquistion was not ideal right before the financial crisis broke out in 2007/2008. We have taken advantages of the suffered delays and optimized the design, increased the number of rooms and found a strong banking partner in Alior Bank. I am convinced that this Hotel will be financially very successful given its design and location combined with our usual touch for detail.’

Adam Trybusz, the President of the Management Board of Długi Targ Sp. z o.o., a special purpose vehicle to implement the project, and Co-investor of the project said: ‘The right to participate in such a unique project that is development of Dlugi Targ Boulevard wins with every obstacle on the timeline. This time, the time has not always favoured us. However, with such location it doesn’t matter that much. What matters most is the privilege to co-create the history of the city, the history of the beautiful city of Gdańsk.’

‘We are delighted that such a renowned and respected Investor has appreciated ALLCON Budownictwo’s experience in hotel construction. For our company, conducting construction works in the historical centre of Gdańsk, and with such a demanding and prestigious project, is a great motivation and a big chance for us to confirm the quality of our services.’ – said Mariusz Białek, the President of the Management Board of ALLCON Budownictwo Sp. z o.o., shareholder of ALLCON Budownictwo Sp. z o.o. sp.k.

The ‘Długi Targ’ development project (estimated development budget: Euro 11 million) is based on refurbishment and conversion of three historical semidetached city houses into a unique 90 room hotel with a total area of app. 4.500 m2.

The initial concept of Von der Heyden Group was to create a top 5* refined boutique hotel, however, due to changing market environment, the initial idea responded the local market needs and an efficient and trendy 3* Superior hotel will be created. The building will also have prime retail space on the ground floor. The characteristics of the external façade will be carefully preserved, however at the same time, the interiors will be modern and full of innovative solutions.

On July 1, 2016 there will take place the Cornerstone Laying Ceremony. The hotel will be opened in late summer 2017 and will be managed by IBB Hotel Collection (IBBHC). In Poland, IBBHC successully operates two renowned 4* hotels: IBB Grand Hotel Lublinianka in Lublin and IBB Andersia Hotel in Poznań, both enjoying the best results in terms of REVPAR and occupancy. IBBBHC operates as well two 4* hotels and three 3* hotels in Germany, as well as three hotels in Spain: one 5* hotel, one 4* hotel and one 3* hotel (more info about IBBHC: www.ibbhotels.com).

In the new hotel in Gdańsk, guests will have 90 rooms and comfortable apartments at their disposal located on five above-ground storeys. The hotel will offer business facilities such as free in-room internet and business corners with a computer/printer for a public use. The hotel will also be focused on touristic groups with a drive-in access for busses, being the only hotel in the area with such a convenience. The venue will also offer retail lease and exquisite boutiques.

The city of Gdańsk will offer unforgettable memories and numerous events like e.g. St. Dominic’s Fair that is held in Długi Targ Boulevard, it’s the oldest dated from the 13th century, the most famous, and one of the largest open air events in Europe that attracts about 6.5 mln guests to Gdańsk every summer.

‘Długi Targ’ Hotel Project will be the first development project of Von der Heyden Group in Gdańsk and the Group is actively observing the local market for further opportunities there.

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VDHG Press Release 28-04-2016 ENG

Długi Targ under construction

Von der Heyden Group has finally started the construction of the Długi Targ hotel project in Gdańsk.

The Długi Targ project was acquired by Von der Heyden Group in a tender held by Millenium Bank some years ago and is located in the most attractive part in Gdańsk, at the corner of historic Długi Targ boulevard and ul. Mieszczańska, almost opposite the Neptune statute and the Dwór Artusa building. The tender to choose a general contractor was won by locally based company Allcon. Allcon Budownictwo specialises in general contracting under design-and-build type contracts and turn-key projects. Architectonica Michał Skwarło, a local studio has been chosen for the architectual design of the Długi Targ project and the interior design is made by Toya Design from Poznań. The project manger is Probuild. “Our timing at the acquisition was not ideal, just before the financial crisis broke in 2007/2008. We have taken advantage of the delays this imposed and optimised the design, increased the number of rooms and found a strong banking partner in Alior Bank,” said Sven von der Heyden, Von der Heyden Group’s chairman, on the signing the agreement. The hotel will be opened in late summer 2017 and will be managed by IBB Hotel Collection.

The estimated development budget for the project is EUR 11 mln. The project is based on the refurbishment and conversion of three historic semi-detached town houses into a 90-room hotel with a total area of app. 4,500 sqm. “The initial concept of Von der Heyden Group was to create a five-star boutique hotel. However, due to the changing market environment, the initial idea was adapted and a three-star hotel will be created. The building will also have prime retail space on the ground floor,” the developer explains. The characteristics of the external façade will be carefully preserved, while the interiors will feature modern innovations. The building will have five above-ground storeys. On July 1st, 2016 the cornerstone ceremony will take place. “Długi Targ will be the first development project of Von der Heyden Group in Gdańsk and the group is actively observing the local market for further opportunities,” the company has stated.

In Poland, IBBHC operates two four star hotels: IBB Grand Hotel Lublinianka in Lublin and IBB Andersia Hotel in Poznań.

Source: Eurobuild CEE

Ground breaking ceremony of hotel development project ‘IBB Hotel Długi Targ’ in Gdańsk

Location: Długi Targ 14-16, heart of the Old Town in Gdańsk
Estimated investment budget: Euro 11 million
Total area: 4.500 m2
End of Construction: late summer 2017
Investor and Developer: Długi Targ Sp. z o.o. (Von der Heyden Group, Adam Trybusz)
Project Manager: Probuild Sp. z o.o.
Architect: Biuro Projektów ‘Architectonica’ S.A.
General Contractor: Allcon Budownictwo Sp. z o.o. sp. k.
Interior Design: TOYA Design Sp. z o.o.
Financing Bank: Alior Bank S.A.
Hotel Operator: IBB Hotel Collection

The ‘Długi Targ’ development project (estimated development budget: Euro 11 million) is based on refurbishment and conversion of three historical semidetached city houses into a unique 90 room hotel with a total area of app. 4.500 m2.

With history of over 1000 years, Gdańsk is one of the oldest, one of the most dynamic, most popular tourist destinations in Poland. Together with Gdynia and Sopot, Gdańsk forms a conurbation of over 1.2 million inhabitants. Gdańsk, as the capital of the Pomerania Province is also an important academic and business centre in the country.

‘Długi Targ’ Hotel Development Project is a unique property acquired by Von der Heyden Group in a complex tender from Bank Millennium S.A. some years back and is located in the most attractive part in the heart of Gdańsk, at the corner of historical Długi Targ Boulevard and Mieszczanska Street, almost opposite to the Neptun’s Statute and the Dwór Artusa Building.

A complex tender for a General Contractor for construction works has been won by the locally based, renowned company, Allcon Sp. z o.o. sp. k. and the construction agreement was signed in April 2016. The chosen architect for the ‘Długi Targ’ Project is also a locally based company ‘Architectonica’ S.A. and the interior design is made by ‘TOYA Design’ Sp. z o.o. from Poznań. The Project Manger is ‘Probuild’ Sp. z o.o. The financing Bank for the Project is Alior Bank S.A.

The initial concept of Von der Heyden Group was to create a top 5* refined boutique hotel, however, due to changing market environment, the initial idea responded the local market needs and an efficient and trendy 3* Superior hotel will be created. The building will also have prime retail space on the ground floor. The characteristics of the external façade will be preserved, however at the same time, the interiors will be modern and full of innovative solutions.

The IBB Hotel Długi Targ in Gdańsk will be opened in late summer 2017 and will be managed by IBB Hotel Collection (IBBHC). In Poland, IBBHC successully operates two renowned 4* hotels: IBB Grand Hotel Lublinianka in Lublin and IBB Andersia Hotel in Poznań, both enjoying the best results in terms of REVPAR and occupancy. IBBBHC operates as well two 4* hotels and two 3* hotels in Germany, as well as three hotels in Spain: one 5* hotel, one 4* hotel and one 3* hotel (more info about IBBHC: http://www.ibbhotels.com).

In the new hotel in Gdańsk, guests will have 90 rooms and comfortable apartments at their disposal located on five above-ground storeys. The hotel will offer business facilities such as free in-room internet and business corners with a computer/printer for a public use. The hotel will also be focused on touristic groups with a drive-in access for busses, being the only hotel in the area with such a convenience. The venue will also offer retail lease and exquisite boutiques.

The city of Gdańsk will offer unforgettable memories and numerous events like e.g. St. Dominic’s Fair that is held in Długi Targ Boulevard, it’s the oldest dated from the 13th century, the most famous, and one of the largest open air events in Europe that attracts about 6.5 mln guests to Gdańsk every summer.

‘Długi Targ’ Hotel Project will be the first development project of Von der Heyden Group in Gdańsk and the Group is actively observing the local market for further opportunities there.

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Ground broken for Długi Targ

The ground breaking ceremony for the IBB Hotel Długi Targ in Gdańsk has taken place in the presence of Gdańsk mayor Paweł Adamowicz.

IBB Hotel Długi Targ in Gdańsk is being constructed at ul. Długi Targ 14–16. Investment costs are estimated at EUR 11 mln for the project. The hotel will be ready in the late summer 2017. The developer and investor behind the project is the Długi Targ company owned by the Von der Heyden Group and Adam Trybusz. Probuild is the project manager, while the general contractor is Allcon Budownictwo. Biuro Projektów Architectonica is responsible for the architectural design and Poznań studio Toya Design for the interior design. Alior Bank is providing finance for the project. IBB Hotel Collection will be the hotel operator.

The Długi Targ development project involves the refurbishment and conversion of three historic semi-detached townhouses into a 90-room hotel with a total area of app. 4,500 sqm. The buildings were acquired by Von der Heyden Group in a tender organized by Bank Millennium some years back and are located in the city’s Old Town, almost directly opposite the Neptun’s Statute and the Dwór Artusa Building.

Von der Heyden Group’s initial concept was to create a five-star boutique hotel; however, due to the changing market environment, the concept has been adapted to a three-star hotel will be developed with retail space on the ground floor. Characteristic elements of the external façade will be preserved, however the interiors will be modernised.

Długi Targ is the first development project by Von der Heyden Group in Gdańsk – a market the company is actively monitoring for further opportunities.

IBBHC operates two four star hotels in Poland: the IBB Grand Hotel Lublinianka in Lublin and the IBB Andersia Hotel in Poznań.

Source: Eurobuild CEE

Cugo Gran Macina Grand Harbour in Malta officially opens!

IBB Hotel Collection, a subsidiary of Von der Heyden Group, an international recognised developer and investor in bespoke Hotel developments, on May 3, 2018 celebrated the opening of the legendary Macina as Cugó Gran Macina Grand Harbour. This signals the arrival of a new home for visitors seeking a new-world charm in one of Malta’s historical and walled cities, Senglea, which forms part of the famous three-cities opposite the capital of Valletta

The opening ceremony was held on the property’s rooftop event venue, The Sheer Bastion, which unfolds breath-taking views along with a sweep of history dating back to the 16th century and hosted many dignitaries from Malta and abroad, among others Malta’s honourable Prime Minister – Dr Joseph Muscat.

Built in 1554 by the Knights of St. John, Macina has been one of the Grand Harbour’s most renowned landmarks, deriving its name ‘Macina’ (originally ‘macchina’) from the large sheer crane structure, used to hoist masts and other heavy cargo, which was eventually dismantled during the British period in 1864.

The Cugó Gran Macina Grand Harbour has 21 rooms and each them has its own unique design, moulded according to the design of the bastion. The furniture is mostly modern, but there are some quirky additions – such as a basin with spectacular views overlooking the Grand Harbour.

Cugó Gran Macina is also the first member of Design Hotels in Malta – a select group of boutique and design-luxury driven hotels around the world and forms part of SPG´s worldwide loyalty program.

More information about the openning of Cugo Gran Macina Grand Harbour, please see with the kind courtesy of:

IBB celebrates opening of legendary Macina in a new avatar

IBB Hotel Collection, an international leader in bespoke developments, celebrated the opening of the legendary Macina as Cugó Gran Macina Grand Harbour, signaling the arrival of a new home for visitors seeking a new-world charm in one of Malta’s historical and walled cities, Senglea.

Cugó Gran Macina is also the first member of Design Hotels in Malta. The star-studded opening ceremony was held on the property’s rooftop event venue, The Sheer Bastion, which unfolds breathtaking views along with a sweep of history dating back to the 16th century. IBB Hotel Collection Chairman Sven von der Heyden welcomed the Prime Minister of Malta Joseph Muscat and host of dignitaries from Malta and abroad.

Sven von der Heyden said: ”We are honoured to be part of the Macina story, which historically contributed to Senglea’s title ‘Citta’ Invicta’ (Unconquered City). After 40,000 total man hours and a multimillion euro investment on restoration and rehabilitation, it is a great feeling to see such an iconic 16 th -century building come to life again for people to experience and be another step closer to being a UNESCO World Heritage Site.”

Cugó Gran Macina Grand Harbour, located in Senglea’s iconic Macina Bastion, enjoyed a soft opening in December 2017 and now, after an 18-month renovation, all the 21 fully-appointed suites are open to guests. The IBB Hotel Collection, operates hotels under lease, management and franchise contracts with three different own-brands: Cugó Gran, IBB Hotel and IBB Blue Hotel.

Vladimir Saal, CEO of IBB Hotel Collection, said: “IBB opened four hotels during the last 12 months, but nothing can be compared to the passion and the attention to detail that was necessary for the opening of this new gem of our hotel collection. We are very proud of the transformation process of this important development project at Grand Harbour. Now we can fully concentrate on the opening of our new IBB Hotel Valletta Merkanti adjacent to Suq tal-Belt.”

Built in 1554, during the reign of Grand Master Claude de la Sengle, Macina has been one of the Grand Harbour’s most renowned landmarks, deriving its name ‘Macina’ (originally ‘macchina’) from the large sheer crane structure, used to hoist masts and other heavy cargo, which was eventually dismantled during the British period in 1864. Today, the Cugó Gran Macina is aiming high by aspiring to be a landmark of a different class: a luxury boutique accommodation that will be a showpiece on the historic Cottonera seafront.

More than 500 invited guests peered from The Sheer Bastion which features unique panoramic views of Valletta and the Three Cities. The venue is part of the Hammett’s Collection of the eponymous Chris Hammett, a 24-time award winning restaurateur. It can host up to 1,000 guests standing or 300 seated in a spectacular setting and is likely to become Malta’s foremost destination for corporate meetings, weddings, and other celebrations.

Guests also experienced the history and transformation of the building via short films. A celebratory plaque was unveiled by the Prime Minister in the presence of Chairman, CEO and other senior IBB officials.

IBB Hotel Collection is a subsidiary of Von der Heyden Group, a Valletta-based real estate development, investment and group of hotels, with special interest in redevelopment projects.

Currently operating 11 hotels in Germany, Poland and Spain, the hotel collection has ambitious growth plans for the upcoming years.

Source: www.livenewsmalta.com

Macina officially opens as all-suite hotel

IBB Hotel Collection on Thursday celebrated the opening of the legendary Macina as Cugó Gran Macina Grand Harbour in Senglea.

Cugó Gran Macina is also the first member of Design Hotels in Malta.

The opening ceremony was held on the property’s rooftop event venue, The Sheer Bastion, part of the Hammett’s Collection of the eponymous Chris Hammett, a 24-time award winning restaurateur.

The 16th century building required 40,000 total man hours and a multimillion euro investment on restoration and rehabilitation to turn it into a hotel offering 21 suites, which chairman Sven von Heyden said had brought it “another step closer to being a UNESCO World Heritage Site”.

Built in 1554, during the reign of Grand Master Claude de la Sengle, Macina has been one of the Grand Harbour’s most renowned landmarks, deriving its name ‘Macina’ (originally ‘macchina’) from the large sheer crane structure, used to hoist masts and other heavy cargo, which was eventually dismantled during the British period in 1864.

IBB Hotel Collection is a subsidiary of Von der Heyden Group, a Valletta-based real estate development, investment and group of hotels, which is now working on the new IBB Hotel Valletta Merkanti adjacent to Suq tal-Belt.

Source: www.timesofmalta.com

Inside The New Luxury Hotel Carved Into A Senglea Bastion

Malta’s newest luxury hotel officially launched last night, and it is unlike anything the country has yet to offer – with all the opulence of a snazzy hotel but carved inside a 16th century bastion in Senglea.

The building now housing the Cugo Gran Macina hotel was built in 1554 during the reign of Grand Master Claude de la Sengle, after whom Senglea is named. It was originally used to hoist masts and other heavy cargo onto ships docked in the Grand Harbour, and was later used as the headquarters of the Labour Party between the 1970s and the 1990s.

Prime Minister Joseph Muscat gave a light-hearted nod to this part of the building’s history when launching the hotel yesterday.
“I remember I was on one of my first dates with Michelle but needed to pop down to the Macina for a brief ten-minute meeting. Michelle agreed to come down with me, probably because she didn’t have a lift, but the ten-minute meeting ended up lasting an hour if not longer,” he said. “When I told my daughters this anecdote as we passed by the Macina, they asked me why I left mummy waiting inside a stuffy old room. Well, now I can tell them that I left her waiting inside a five-star hotel.”
The hotel is the work of the IBB Hotel Collection, owned by the von der Heyden business group.

“We are honoured to be part of the Macina story, which historically contributed to Senglea’s title ‘Citta Invicta’ (Unconquered City),” IBB Hotels chairman Sven von der Heyden said. “After 40,000 man hours and a multimillion euro investment on restoration and rehabilitation, it is a great feeling to see such an iconic 16th century building come to life again for people to experience and be another step closer to being a UNESCO world heritage site.”

There are only 21 rooms in the hotel, but each one has its own unique design and is moulded according to the design of the bastion. The furniture itself is mostly modern, but there are some quirky additions – such as a basin with spectacular views overlooking the Grand Harbour. Prices range from €250 to €400 a night.
Cugo Gran Macina is also the first Maltese member of Design Hotels – a select group of boutique and design-luxury driven hotels around the world

Source: www.lovinmalta.com

Recruitment Day at ITS Luqa, Malta

Today, the Von der Heyden Group, IBB Hotel Collection, managing company for Cugó Gran Macina Grand Harbour and IBB Hammett’s Operations Ltd joined over 20 of some of Malta’s most pioneering hospitality companies in this year’s Industry – Student Meet Up held at the new Institute of Tourism Studies (ITS) in Luqa. Amongst the different reputable organisations, Cugo Gran Macina Grand Harbour was the only boutique hotel in the industry hosting 21 suites, offering unique and exciting opportunities in the field of hospitality. The Von der Heyden Group, IBB Hotel Collection, Cugo Gran Macina Grand Harbour and IBB Hammett’s Operations Ltd look forward to proceeding further with some of Malta’s most promising talent in the industry.

Von der Heyden Group announces new appointments in line with the further expansion of the Group and consolidation of central operations in Malta

Von der Heyden Group, a high-quality niche player on the European Real Estate Market, has announced new appointments in line with the further expansion of the Group and consolidation of central operations in Malta.

Bob Rottinghuis, will assume the role of Group Chief Executive Officer. Having dedicated 10 years as a consultant to the Group before taking on his role as Chief Operating Officer in 2016, Mr Rottinghuis was fundamental in configuring the successful 25-million-euro bond issued in Malta in 2017. In addition, Tonio Fenech, former Finance Minister of Malta until 2013, will join the Management Board of TIMAN Investments Holdings. Mr Fenech was responsible with his fellow cabinet members, for Malta’s successful economic development during his ten-year tenure and laying the grounds for today’s economic unprecedented boom. Both appointments came into effect on 1st January 2019.

                        
Bob Rottinghuis                                                                   Tonio Fenech

The new appointments will enable Group Chairman Sven von der Heyden and Javier Errejón Sainz de la Maza as Managing Director to concentrate on further enhancing its four pillars of business, expanding them into new markets and seizing new opportunities.

The year 2019 marks the Von der Heyden Group’s 30-year anniversary in Europe.

Von der Heyden Group Chairman, Sven von der Heyden: ‘We look back on three incredible decades with many landmark projects which have led us to where we are today, starting from zero back in 1989. We are very proud to have a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments’

In December 2018, the Group has moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira, Malta.

About the Von der Heyden Group

Von der Heyden Group (VDHG) is a high-quality niche player on the European Real Estate Market and has been successfully developing Class A Office buildings and Hotels in central and strategic locations in Malta, Germany, Poland and Spain.

The Group is commonly known for its high-end finishes and quality, and at all times achieved record prices for its award-winning projects, when sold.

In March 2017, the Group, through its special purpose vehicle Von der Heyden Group Finance plc, has issued a €25 million bond which is listed on the Malta Stock Exchange. It was the most traded bond in terms of number of transactions during the year 2018.

The Von der Heyden Group is undergoing the finalization of Munich’s largest development project Bavaria Towers, having recently signed various 10 year lease contracts for the state of the art project with a total investment value of €180 million. In addition, VDHG has completed the hotel IBB Dlugi Targ in Gdansk, Poland – another hotel for the IBB Hotel Collection which has been highly successful since its launch. Furthermore in Poznan, Poland, the Group is planning the Andersia Silver project for around Euro 110 million, which however will only be tackled in a more favourable environment.

With 30 years sound experience and continuing presence on European markets, VDHG enjoys the trust of international financial institutions, funds and big market players, as well as embassies, governmental institutions and cities. The Von der Heyden Group, have since 1989 recorded an investment program, impending acquisitions and developments with a value of over half a billion euro.

In 2019, the Group plans to invest in Ukraine and the Maldives, although the due diligence phase is still ongoing.

VDHG Press Release Ukraine New Investments ENG

New appointments at Von der Heyden Group

Von der Heyden Group, a high-quality niche player in the European real estate market, has announced new appointments in line with its further expansion and the consolidation of its central operations in Malta. This year marks the Von der Heyden Group’s 30- year anniversary in Europe.

Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as Chief Operating Officer in 2016 and who was fundamental in configuring the success of the €25 million bond issue in Malta in 2017, assumes the role of Group Chief Executive Officer.

In addition, Tonio Fenech joins the Management Board of TIMAN Investments Holdings. Serving as Finance Minister of Malta till 2013, Mr Fenech played a key role in driving forward Malta’s economic development. Both appointments came into effect on 1 st January 2019.

The new appointments will enable Group Chairman Sven von der Heyden and Managing Director Javier Errejón Sainz de la Maza to concentrate on further strengthening its four pillars of business, expanding them into new markets and seizing new opportunities.

Sven von der Heyden, said: “We look back on thirty extraordinary years with many landmark projects which have led us to where we are today, starting from zero back in 1989. Over the years, we have built a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection, as well as in our alternative investments.”

In December 2018, Von der Heyden Group moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira.

Von der Heyden Group (VDHG) is a high-quality niche player on the European Real Estate Market and has been successfully developing Class A Office buildings and Hotels in central and strategic locations in Malta, Germany, Poland and Spain. The Group is commonly known for its high-end finishes and quality, and at all times achieved record prices for its award-winning projects, when sold.

Since March 2017, the Group through its special purpose vehicle Group Von der Heyden Group Finance plc has €25 million bonds in issue and is listed on the Malta Stock Exchange. It was the most traded bond in in terms of number of transactions during 2018.

The Von der Heyden Group is undergoing the finalization of Munich’s largest development project Bavaria Towers, having recently signed various 10 year lease contracts for the state of the art project with a total investment value of €180 million. In addition, VDHG has completed the hotel IBB Dlugi Targ in Gdansk, Poland – another hotel for the IBB Hotel Collection which has been highly successful since its launch.

Furthermore in Poznan, Poland, the Group is planning the Andersia Silver project for around Euro 110 million, which however will only be tackled in a more favourable environment.

With 30 years sound experience and continuing presence on European markets, VDHG enjoys the trust of international financial institutions, funds and big market players, as well as embassies, governmental institutions and cities. The Von der Heyden Group, have since 1989 recorded an investment program, impending acquisitions and developments with a value of over half a billion euro.

In 2019, the Group plans to invest in Ukraine and the Maldives, although the due diligence phase is still ongoing.

Source: www.livenewsmalta.com

New appointments in line with its expansion and consolidation of central operations

Von der Heyden Group, a high-quality niche player on the European real estate market, has announced new appointments in line with its further expansion and consolidation of its  central operations in Malta. This year marks the Von der Heyden Group’s 30-year anniversary in Europe. Mr Bob Rottinghuis, who has dedicated 10 years as a consultant to the Group before his role as chief operating officer in 2016 and who was fundamental in configuring the success of the €25 million bond issue in Malta in 2017, has assumed the role of Group chief executive officer. In addition, Mr Tonio Fenech joins the Management Board of TIMAN Investments Holdings. Serving as Finance Minister of Malta till 2013, Mr Fenech payed key role in driving forward Malta’s economic development.  Both appointments came into effect on 1st January 2019.The new appointments will enable Group chairman Sven von der Heyden and managing director Javier Errejón Sainz de la Maza to concentrate on further strengthening its four pillars of business, expanding them into new markets and seizing new opportunities.

‘We look back on 30 extraordinary years with many landmark projects which have led us to where we are today, starting from zero back in 1989″, Mr Sven von der Heyden said. “Over the years, we have built a team of almost 400 people who contribute at all levels to the continuing success of our Group in our real estate investments and developments, our hotel group IBB Hotel Collection as well as in our alternative investments’.

In December 2018, Von der Heyden Group moved its corporate offices from Valletta to a new state of the art office in the 14 East tower building in Gzira.

Von der Heyden Group is a high-quality niche player on the European real estate market and has been successfully developing Class A Office buildings and hotels in central and strategic locations in Malta, Germany, Poland and Spain. The Group is commonly known for its high-end finishes and quality, and at all times achieved record prices for its award-winning projects, when sold.

Source: Times of Malta
Times of Malta New Appointments 11 01 2019