Cube Real Estate acquires 40,000 square meters of land in Bonn’s Nordstadt district
– Leverkusen developer plans mixed-use urban quarter in the medium term
– Hydro Aluminium Deutschland GmbH and Hydro Aluminium Rolled Products GmbH (in future “Speira GmbH”) to remain at the site for three years
– Quarter concept focuses on sustainable living and working
Leverkusen, 09.06.2021 – Cube Real Estate has acquired an approximately 40,000 square meter site in Bonn on Georg-von-Boeselager Straße & Friedrich-Wöhler-Straße from Hydro Aluminium Deutschland GmbH. The Leverkusen-based real estate developer plans to develop a predominantly commercial quarter at the site. The site in Bonn’s Nordstadt district is currently being used as a research and development location for a subsidiary belonging to the Hydro Group until 31.05.2021.
The site will continue to be used by Hydro Aluminium Deutschland GmbH and the former Hydro Aluminium Rolled Products GmbH (in future “Speira GmbH”). “In the medium term, we are planning a district development with a predominantly commercial character at this location,” explains Jean-Marc Fey, Head of Acquisitions, Sales and Project Management at Cube Real Estate. The site is ideally suited for an urban quarter thanks to its infrastructural connections. Bonn city center is just a ten-minute drive away and the city’s university can be reached in 15 minutes.
Cube Real Estate is also working on district concepts that focus on sustainable living and working. “For example, we are thinking about innovative energy supply concepts such as a power-to-gas solution for CO2-neutral energy supply using hydrogen,” explains Georg Codjambopoulo, Managing Director of Cube Easy-E.
The current acquisition is now the second project in Bonn for the Leverkusen-based real estate developer. Cube Real Estate is currently developing Cube Flag Factory 2141, a mixed-use urban quarter on the site of the former Bonn flag factory on Römerstrasse in the Graurheindorf district.
In addition to the seller, Hydro Aluminium Deutschland GmbH, the future tenant Hydro Aluminium Rolled Products GmbH (Speira), the Bonn-based architectural firm Schommer, the law firm Loschelder, CMS Hasche Sigle and ECOVIS KSO from Düsseldorf and the brokerage firm Dr. Lübke & Kelber were involved in the current transaction.
Speira is a leading global manufacturer of advanced aluminum rolled products and produces around one million tons per year. Speira operates seven production facilities and a research and development center in Germany and Norway, including Alunorf, the world’s largest aluminum rolling mill, and Grevenbroich, the world’s largest finishing plant. Speira employs approximately 5,000 people, mainly in Germany and Norway. Speira is proud to supply some of the best known companies in the global automotive, packaging, printing, engineering, building and construction industries.
Cube Real Estate GmbH
“We love development” – three words that stand for conviction, passion and responsibility at Cube Real Estate . Since 2013, we have been setting standards in real estate project development with our cheeky, wild and wonderful 70-strong team. Our motivated employees and our committed business partners and investors are united by a passion for sustainable living spaces that are worthy of the name. This is why we are successfully realizing a project volume of currently 2 billion euros on our growth path. With a focus on apartments as well as neighborhood and building land development, people are at the heart of everything we do. This applies to our parent company Cube Real Estate as well as to our subsidiaries Cube Property Services, Cube Life and Cube Easy-E. The holistic playing field for the successful Cube team: the complete life cycle of real estate.
Press contact
Cube Real Estate GmbH
Simone Schroeder
Phone: +49 2171 75 34 114
Mobile: +49 179 7620474
E-mail: schroeder@cube-real.estate


