Cologne - The rental agreement has been signed: The leading provider in the long-stay segment, Cologne-based ipartment GmbH, is to open another serviced apartment building in the immediate vicinity of Hamburg Airport. "We are thus developing into an airport specialist," says Ralph Stock, co-owner and CEO of ipartment GmbH, with a twinkle in his eye.

After Frankfurt and Berlin, this is now the ipartment Group's third property located at an airport, as well as in Hamburg itself - alongside Hamburg Hafencity and Emsbüttel. The airport portfolio will thus be expanded to a total of 345 serviced flats nationwide for the time being. "In Hamburg, we are starting at the airport with 119 serviced flats ranging in size from 20 to 41 square metres," explains Marcus Löwe, COO and authorised signatory of ipartment GmbH.

All flats will be furnished in the usual sophisticated design and high quality. In addition to the digitalised guest journey, there will once again be a design lounge and a digital self-service kiosk as well as an underground car park with parking spaces for guests.

The property is being customised and built to the latest standards for ipartment GmbH as the sole tenant. The landlord is a subsidiary of the Adore Group, a nationwide property developer and project developer from Berlin.

At a glance:
– Landlord: Subsidiary of the Adore Group, Berlin
– Address: Alsterkrugchaussee 366, Hamburg
– Number of serviced flats: 119
– Size of the serviced flats: 20 to 41 square metres
– Categories of serviced flats: Xtra Smart, Smart, Medium, Large
– Size of the property: 3,780 sq m
– Floors: Ground floor, 1st and 2nd floor plus staggered floors
– Underground car park: 40 parking spaces
– Opening: Expected 2nd quarter 2026

About ipartment GmbH:
ipartment GmbH was founded in Cologne in 2008. The company is now the leading German provider of serviced flats in the business long-stay segment. With "First Choice Second Home", ipartment offers a concept for people who prefer to stay "at home on the road" rather than in a hotel. What makes it special is the design-oriented furnishing of the flats and houses, the fully digitalised guest journey and the all-round service.
From two apartments in Cologne at the beginning, it has now grown to 1,300 design apartments in Germany. The apartments range in size from approx. 20 sqm to 60 sqm, some with a balcony or even a roof terrace.
The current occupancy rate of the hotels is 92%. Of these, 90 percent are business travelers and the remaining 10 percent are private travelers. The average length of stay in the long-stay segment at ipartment is 45 days.
The approximately 70 employees currently support 17 locations as well as a co-working space. Further expansion – particularly into other European countries – is the focus.

About the Adore Group:
The Adore Group, based in Berlin, stands for short decision-making processes and first-class expertise. The team ensures a smooth process, from analysing the special site conditions to creating the building law and cost-conscious management during the construction phase. During realisation, the interdisciplinary team of experts consisting of architects, general contractors, in-house project management, hospitality and financing experts pursues a holistic strategic approach. This covers the entire value chain in the life cycle of a property. From the conception and planning phase to financing and turnkey marketing. In this way, the Adore Group ensures sustainable success for its operators and investors, even in complex projects, while complying with ESG aspects.
During implementation, the interdisciplinary team of experts—comprising architects, main contractors, in-house project management, hospitality and finance specialists—pursues a holistic strategic approach. This covers the entire value chain over the lifecycle of a real estate asset: from the design and planning phase, through financing, to turnkey marketing. In this way, the Adore Group ensures sustainable success for its operators and investors, even on complex projects, while strictly adhering to ESG considerations.

Press contact:
ipartment GmbH
Melanie Brochhaus-Piel
brochhaus@ipartment.de