"Identifying potential – developing value.”
"Identifying potential – developing value.”
+49 6151 520 55 86
info@heurekadev.de

HEUREKA REAL ESTATE

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

“(H)eureka!”
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 by its two managing partners, Robert Waidhaas and Andreas Rossmann. The projects currently under development have a total volume in excess of EUR 100 million.

Heureka gains new shareholders and restructures company

Darmstadt, 21 November 2018 – Heureka Real Estate GmbH (Heureka) is the name of the new holding company, under the umbrella of which all the property developer’s project companies will now operate. Heureka Development GmbH will continue as an independent service company, carrying out project management and control.

Heureka’s new shareholders are Harro Hellwege, managing director of Merkur Development, Russelsheim, and Rainer M. Ballwanz, managing director of Ballwanz Immobilien, Frankfurt. The two entrepreneurs, with their considerable real estate experience, are joining Heureka’s newly found-ed advisory board, advising managing directors Robert Waidhaas and Andreas Rossmann on the conception of new projects, maintaining contacts with officials, banks and investment companies, and on the recruitment of new staff.

Robert Waidhaas and Andreas Rossmann act as the sole managing directors of both Heureka and Heureka Development GmbH.

The new company structure enables Heureka competently to deal with the ever-increasingly larger and more complex projects. The company will be more broadly positioned in the future and will also focus on the hotel, micro-apartment and office sectors. In the course of this, both staff num-bers and the target project volume will increase significantly.

Heureka has already successfully completed numerous residential projects, such as “Neroblick” in Wiesbaden and “Bessunger Logen” in Darmstadt. In association with a project partner, it acquired the Rheinallee I site in Mainz during the past year. 17,000 square metres of gross floor area are developable on the around 6,400 square metre site, which is opposite the Kunsthalle Mainz. In addition to the planned residential development, around 6,500 square metres are earmarked for commercial occupation. A hotel is planned.

(The attached photo shows from left to right: Andreas Rossmann and Robert Waidhaas)
Photocredit: Heureka