Zoku to open Copenhagen and Vienna properties in 2020

George Sell George Sell Uploaded 27 November 2018

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Netherlands: Zoku has announced the signing of new properties in Copenhagen and Vienna, both of which will open in 2020.

ZOKU COPENHAGEN will be situated on the Amager island, close to central Copenhagen, and will accommodate 160 loft rooms, the largest number in the brand's portfolio so far. Copenhagen's City Council chose Zoku to develop the site because of "its unique ability to realise the potential of local communities through innovative partnerships with other businesses". The new property will be shared with an organic-focused supermarket and the co-working concept Woods.

Rasmus Norgaard, co-founder and partner at developer NREP, adds: "We are constantly on the lookout for customer-centric, future-proof concepts that create investment value and we are very pleased to have found Zoku as a partner. Combining Woods with Zoku will create a unique mixed-use scheme in Scandinavia."

ZOKU VIENNA will be located in the city's Leopoldstadt district, close to the University of Economics and Business, the Exhibition and Congress Center, and the iconic Prater, a public park that is known for its giant ferris wheel, the Riesen Rad. The property will open in early summer 2020 with 131 keys. Set in the IG Immobilien group's new Prater Glacis complex, Zoku Vienna will contribute to the creation of a dynamic and inspiring neighborhood.

Hermann Klein, managing director at IG Immobilien, a subsidiary of the Austrian National Bank, said: "Zoku is a modern and relatively young brand, yet it has already proved its innovative concept is a worthy investment. We see Zoku as a great addition to our investment portfolio."

Marc Jongerius, co-founder and managing director at Zoku, said: "It's clear that the future of urban developments must be more ambitious than just traditional, single-use buildings. Our partnerships with NREP/Tetris in Copenhagen and IG Immobilien in Vienna show the appetite from developers, investors, and municipalities to bring the Zoku concept to new locations. Our ambition is to partner with the best developers in each market to create a fresh and unique destination that fits with the local context."

Hans Meyer, co-founder and managing director at Zoku, added: "In the digital era, offline interactions have never been more important, and we actively facilitate those human connections at Zoku. We've worked closely with our target audience to put people at the centre of our design so we can deliver maximum value and relevance to our guests. We want to grow internationally, help build the cities of tomorrow, and push the world forward with smarter solutions."

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