Much-needed housing for Worms is moving a step closer: e+k AG, co-owner of the Gerberquartier, has reached an agreement with the regional architectural firm Deibert and ems Schäfer Consultants on the sale of a large part of the project. The transaction was preceded by the transfer of the project to a trust in July this year. Just a few months after the start of the trusteeship, an initial success can therefore be reported, bringing the realisation of the currently stalled project within reach.
The transfer of the project to a trust had become necessary following the insolvency of the former joint venture partner, Senioren Wohnen Holding GmbH, in 2025. Even before the start of the trusteeship, e+k AG had comprehensively restructured the project and prepared it for marketing. To this end, the project was divided into a total of four parts, which is also reflected in the physical division of the site.
As part of the transaction, the company Wohnen am Dom GmbH & Co. KG is acquiring a total of 7,500 square metres of land, on which 108 flats meeting low-energy building standards are to be built under the name ‘Wohnen am Dom’, and approximately 70 residential units are to be developed as an assisted living scheme under the name ‘Wohnen Mitte’.
On the remaining plot, totalling 8,800 square metres, privately funded flats and townhouses are to be built on one section, whilst another section will be developed into commercial premises and a hotel, for which a tenancy agreement is already in place. Negotiations with local interested parties are currently at an advanced stage for both sections of the plot.
A planning permission has been granted for the entire Gerberquartier, the validity of which was recently extended until 2030. Construction can therefore begin in the near future. A total of 200 residential units are to be built in the Gerberquartier, which will help to create much-needed housing in Worms.
“We are delighted to be able to report an initial success so soon after the project was placed under trust management. We have completely restructured the project to make it attractive to potential investors once again. In doing so, we have resolved a deadlock in the project and are thereby paving the way for much-needed housing. We are confident that the remaining part of the project will also find a new owner very soon,” said Maximilian Neumann, Head of Investment Management at e+k AG.
“We are delighted that, after eight years and a succession of investors, things are finally moving forward in the heart of Worms. The Gerberquartier will enable a section of Worms’ ‘Housing Masterplan’ to be implemented in the short term. The initial preparatory work will begin in the next few days, and construction can start as early as this year. A lovely way to round off the year for Worms,” adds Jörg Deibert, Managing Director of ARCHITEKT J.E. DEIBERT GmbH.
All parties involved have agreed not to disclose the purchase price.
