"Identifying potential – developing value.”
"Identifying potential – developing value.”
+49 6151 520 55 86


Heureka Real Estate (Heureka) is an owner-managed developer of real estate projects and real estate investor in the Rhine-Main region.

With this exclamation, Archimedes (mathematician, ca. 287-212 B.C.) leapt out of his bath after he had discovered the principle of buoyancy. He is said to have been so eager to share his discovery with others that he ran euphorically through the streets of Syracuse.

“(H)eureka!” is both the name and the philosophy of our company Heureka Real Estate GmbH. The term aptly symbolizes our way of working: successfully confronting a complex task and enthusiasm when a solution has been found.

Our philosophy is based on bringing together the elementary factors – location, capital, and idea – to create interesting project configurations.

As developers we are operating in a dynamic market, in which it is crucial to free ourselves from rigid specifications and to search for new solutions.

Our focus is on innovative properties in attractive locations. In this way, Heureka is creating modern working and living environments that become oases of well-being in urban areas.

Heureka was founded in 2008. The projects currently under development have a total volume in excess of EUR 100 million.

Heureka Real Estate acquires site in Heidelberg for hostel project

A Heureka Real Estate GmbH (Heureka) project company has acquired a 1,300 square metre site in the Weststadt district of Heidelberg, very close to the central railway station. The vendor is Kommunalprojekt ppp AG. ReedSmith acted as advisor to the purchaser.

Although the hospitality industry has been hit particularly hard by the negative effects of the Corona pandemic, the experienced Darmstadt-based developer is planning to construct a five-storey hostel with 112 rooms, providing a total of 320 beds. Construction is scheduled to start in mid-2022.

a&o Hostel GmbH, Europe’s largest privately-run hostel chain with 40 hostels in 24 cities, has already signed a 20-year contract to operate the new facility.

Robert Waidhaas, Managing Director of Heureka, comments: “Even in this very difficult time for the hotel industry, we at Heureka remain committed to our slogan Identifying potential – developing value’. Particularly in this challenging situation, we are confident that well-positioned and experienced market players like us are optimally placed to identify and exploit existing opportunities. What’s more, Heidelberg, one of the best-known tourist hotspots in Germany, is experiencing high demand from both users and operators. It remains in the focus of the real estate investors.”

Heureka has a track record boasting numerous projects successfully implemented and sold in the Rhine-Main region in recent years.

Copyright Foto: a&o Hostels GmbH