Press release

Topping-out ceremony in Mannheim: Instone developing around 200 apartments in the Franklin Quarter

Topping-out of 105 rental apartments and one day care centre was celebrated /// Rental apartment complex had already been sold to Industria Wohnen GmbH before construction began /// Completion planned by mid-2020 /// “living rooms” project sees Instone developing a further 96 owneroccupied apartments on neighbouring property

Essen/Mannheim, 25 October 2018: Instone Real Estate celebrated the topping-out ceremony for 105 rental apartments in the FRANKLIN Quarter in Mannheim. By mid- 2020, a total of six free-standing residential buildings with two to four room apartments and a day care centre will be built. Instone sold the complex to Industria Wohnen GmbH in June 2017, before construction had even started.

“This project sees us creating contemporary rental apartments with layout solutions catering to a variety of lifestyles, and all of it in a prime location,” stated Harald Meerße, COO of Instone Real Estate. “As an important university city in the Rhine- Neckar metropolitan region, Mannheim has been benefiting from an influx of residents and a growing demand for living space for years. Our primary aim with this project is to meet the increased demand in the rental housing segment,” Meerße explained.

The FRANKLIN Quarter, located on the site of a former US Armed Forces base, is currently being developed into a vibrant neighbourhood including living, working,

leisure and educational facilities – all right next to natural surroundings. On the neighbouring property, Instone is developing “living rooms” - 96 attractive owner- occupied apartments that should also be ready for occupancy by summer 2020.


Press contact
Instone Real Estate
Franziska Jenkel
Wallstrasse 16
10179 Berlin
Tel.: +49 (0)30 2844987-61