Irish company begins work on €100m German development

McGrath Group added a Rostock city-centre retail, hotel and residential project to its investment portfolio

19th June, 2016
Artists impression of the Rosengarten Center in the German city of Rostock

McGrath Group Properties, the Irish development and investment company, recently began site works on a €100 million mixed-use development which it is building in the north German city of Rostock.

Creating a new quarter for the city, it will have a retail focus on its larger west side and a hotel and long-stay residential focus on its east side, facing Neuer Markt, the city’s main square.

The project, to be known as Rosengarten...

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