New Property for Q-Park in Cologne

At the beginning of the new year, the parking operator Q-Park concluded a management contract for the "OVUM" parking facility in Cologne-Braunsfeld. The underground car park is open around the clock and is initially available on two levels with approx. 270 parking spaces for long-term parkers. After the final marketing of the commercial units, it is also intended to open the underground car park for short-term parkers.

"We look forward to continuing to grow in the Rhine metropolis of Cologne," says Frank Meyer, Managing Director of Q-Park Operations Germany GmbH & Co. KG. “After the “Am Börsenplatz” park object was added to our long-standing “Quincy” park object last year, this year the “OVUM” will follow as the third object in the cathedral city.”

The modern "OVUM" district, which was designed by the project developers Alfons & alfreda and FAY Projects, offers around 27,000 m² of space for a tenant mix from the office, gastronomy, retail and hotel sectors. The digital parking service from Q-Park will enable stress-free and contactless parking via app for long-term parking customers in particular. After storing your own number plate in the Q-Park app, the barriers at the entrance and exit open automatically using an innovative number plate recognition system. With the planned opening of the underground car park also for short-term parkers, it will be possible to book and reserve a parking space in advance via the Q-Park website. Furthermore, the parking facility is connected to the central control center of Q-Park with a 24/7 service, so that customers can be helped quickly and easily in the event of questions or problems.

"We are certain that in Q-Park we have found a suitable partner who will manage our parking facility with the latest technology and thus make parking convenient and contemporary for our customers," says Clemens Rapp, Managing Director of FAY Projects GmbH.

About Q-Park

Q-Park is notable for its quality approach and has a portfolio comprising over 3,300 parking facilities with more than 640,000 parking spaces in the Netherlands, Germany, Belgium, Great Britain, France, Ireland, and Denmark.

About Alfons & Alfreda

Alfons & alfreda is a dynamic real estate project developer with the passionate claim to create outstanding and durable real estate of the highest individual quality. Based in Düsseldorf, new construction projects are implemented in and around the top 7 cities in Germany and existing properties with development potential are revitalized. As an independent company, covers

Alfons & alfreda cover the entire value chain of real estate development - from the first conceptual idea to the completion of the respective property. The focus of development is always the question of the long-term impact on society and the environment. The focus is on the highest quality and sustainability standards through multi-layered development approaches. More information at www.alfons-alfreda.com

About FAY Projects GmbH

FAY Projects GmbH: Impulses, ideas, innovations

FAY Projects GmbH has been in the real estate business for over 60 years. Since the turn of the millennium, the development company has implemented more than 37 commercial projects with a total rental area of more than 500,000 square meters. As a founding member of the DGBN (German Sustainable Building Council), FAY Projects focuses on demanding inner-city construction projects and the optimal interaction of ecological, economic and socio-cultural components. Several projects have recently been certified in platinum, gold and silver, among others: ²BAC in Berlin -Brandenburg, HAUS POSTPLATZ in Dresden, Europe Plaza in Stuttgart, E.ON new building in Regensburg or Waidmarkt in Cologne. The company, based in Mannheim and with an office in Berlin, develops real estate projects for various types of use throughout Germany. The management, which has been active in the company for many years, attaches great importance to a sustainably shaped and grown corporate culture. Preserve the tried and tested and dare something new; in this way, the expertise and know-how is passed on to the younger generation and further developed. Further information at www.fay.de