The construction projects of Kalovida Grundbesitz GmbH significantly enhanced the heart of our city through a planned investment activity. The areas on the Park- and Franz-Groedel Straße as well as the entire City of Bad Nauheim will profit through Kalovida’s commitment and refurbishing measures. The cooperation with Kalovida is always characterized by a trusting working atmosphere and mutual esteem. We greatly appreciate this and look forward to future common tasks.

The recent rezoning of Franz-Groedel – Parkstraße grounds has rejuvenated the surrounding area, enhanced and preserved Bad Nauheims distinctive art nouveau architecture. Kalovida Grundbesitz GmbH is a responsible developer that has collaborated with the city of Bad Nauheim to effectively capitalize on the recent rezoning parameters and guidelines. The company’s residential development has contributed to the enhancement of the neighborhood and has delivered tangible benefits to the community of Bad Nauheim.

Dr. Norbert Wiederholt, Frankfurt Partner at the international law firm Allen & Overy LLP and member of their projects and infrastructure group, stated in connection with Kalovida’s successful conversion of one of the former hospital buildings into a high-end residential building in Bad Nauheim: “We are very pleased to have been able to assist Kalovida in our capacity as legal counsel in relation to the development project in Bad Nauheim. This project reflects the excellent cooperation between various teams led by CEO Rafik Salib from Kalovida.”