NOVUM Style Hotel to be Developed at Stuttgart’s Pragsattel in Germany; Slated for 2019 Opening

NOVUM Hotel Group | August 5, 2016

Hamburg, 4th August 2016 - Stuttgart is getting a designer business hotel: A NOVUM Style Hotel with more than 200 rooms is being created at the Pragsattel. Construction will commence in mid-2017, and the hotel is scheduled to open in 2019. The hotel will be part of a high-rise with twelve floors. The project development is done by a joint venture between AVONIA Real Estate GmbH (Leinfelden-Echterdingen), Merkur Development Holding GmbH (Rüsselsheim) and OSWA Planen und Bauen GmbH (Ingersheim). For the project, the property Leitzstrasse 52 was purchased at the Pragsattel. The project company Stuttgart Leitzstr. 52 GmbH has planned a...