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Transaction··2 min read

Gerberquartier Worms: e+k AG sells key project components following restructuring

Following successful restructuring and physical division, e+k AG is selling significant plots of the Gerberquartier in Worms to regional partners.

AI generatedGerberquartier Worms: e+k AG sells key project components following restructuring – AI-generated illustrative image
Gerberquartier Worms: e+k AG sells key project components following restructuring. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

A viable perspective is emerging for the inner-city Gerberquartier in Worms after a period of stagnation. Co-owner e+k AG has reached an agreement with the regional architectural practice Deibert and ems Schäfer Consultants on the sale of a key component of the project. Ownership is being transferred to the project company Wohnen am Dom GmbH & Co. KG. The parties involved agreed not to disclose the purchase price.

The transaction was preceded by a reorganisation of the ownership structure. Following the insolvency of the previous joint venture partner Senioren Wohnen Holding GmbH in 2025, the overall project was placed into fiduciary administration in July of the same year. In the run-up to this measure, e+k AG had already restructured the development and carried out a physical division of the site into four independent sections to restore its marketability.

Site layout and utilisation concepts

The plot area now sold extends to 7,500 square metres. Two construction phases are to be delivered on this site: under the name 'Wohnen am Dom', 108 residential units will be built to low-energy house standards, complemented by the 'Wohnen Mitte' scheme, which provides around 70 units for assisted living.

For the remaining site area of approximately 8,800 square metres, negotiations with local interested parties are already at an advanced stage. The plans for this section comprise:

  • —Privately financed flats and urban villas on one sub-section
  • —Commercial space to complement the character of the quarter
  • —A hotel with a lease agreement that has already taken legal effect

Planning permission and timeline

Valid planning permission is in place for the entire Gerberquartier site, where a total of 200 residential units are to be constructed, and its validity was recently extended until 2030. This legal framework enables construction activity to resume immediately.

Maximilian Neumann, Head of Investment Management at e+k AG, emphasised that the structural realignment had resolved a previously stalled situation, allowing urgently needed housing to be realised. He also expressed confidence regarding the disposal of the remaining plots. Jörg Deibert, Managing Director of ARCHITEKT J.E. DEIBERT GmbH, explained that following an eight-year lead time and changing investors, part of the Worms residential master plan was now being implemented. Initial preparatory building works are scheduled to commence in the coming days, with the official start of construction earmarked for this year.

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