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Frankfurt Airport Exhibits at the MIPIM Real Estate Fair in Cannes, France - Visit Fraport AG at Stand R33.03

Frankfurt, Germany (ots)

A Premier Location:  Frankfurt Airport
Serves As Your Gateway to Global Business
AIRRAIL center frankfurt:  One of Europe's Biggest and Most
Innovative Real Estate Developments
Fraport AG Frankfurt Airport Services Worldwide - the owner and
manager of Frankfurt Airport (FRA) - will be exhibiting at this
year's MIPIM (Marché International des Professionels de l'Immobilier)
real-estate trade fair from March 4 to 7 in Cannes, France. A key
event for the real estate industry, MIPIM allows international
companies to present their projects to potential investors and future
tenants. Fraport will be co-exhibiting with AIRRAIL Center Frankfurt
GmbH at the Frankfurt Economic Development Corp. stand (Number
R33.03,  Espace Rivera) at the Palais des Festivals.
Fraport's home base of Frankfurt Airport is more than an
international air/rail transportation hub, it is a major real estate
marketplace. A flourishing location is necessary for developing
sustainable and profitable real estate projects. Airports,
particularly Frankfurt Airport, are growth-oriented locations. FRA
offers outstanding opportunities because of the airport's excellent
infrastructure and because of the long-term above average growth
forecasts for the international aviation industry. Frankfurt Airport
ranks as one of the top ten airports in the world for cargo and
passenger traffic and provides direct employment for over 62'000
people.
One of the highlights for Fraport's guests at MIPIM will be a
three-dimensional model of Frankfurt Airport, which will make it
possible to view and discuss FRA's latest projects in detail. Fraport
AG's Prof. Manfred Schölch, executive board vice chairman, and Prof.
Barbara Jakubeit, executive board member responsible for real estate
development, will be attending MIPIM and participating in special
events at the Fraport stand. On Wednesday, March 5,  from 11:00 to
12:00, Prof. Jakubeit will discuss "Frankfurt Airport -  
Perspectives on Airport Development: The New Terminal Infrastructure
at FRA South". On Thursday, March 6, from 15:30 to 17:00, there will
be a panel discussion titled "AIRRAIL center frankfurt - A New
Dimension in Real Estate Development". Prof. Schölch will be joined
in the discussion by Dr. Dierk Ernst, managing director of Tercon
Immobilien Projekt-entwicklungs GmbH.
In the next few years, the AIRRail center frankfurt project - one
of Europe's biggest real estate developments - will take shape on the
660-meter-long rooftop of FRA's Long-distance Train Station. Offering
185'000 square meters of total usable floor space over nine levels,
this glass-enclosed center will feature a five-star luxury hotel (680
rooms) from Le Méridien, 73'000 square meters of quality office
space, as well as retail and leisure facilities - located at the
junction of international air and rail networks at Europe's best
connected "intermodal travelport".
The investor syndicate for the AIRRAIL center frankfurt project
includes Bilfinger Berger Projektentwicklung GmbH, IVG Immobilien AG,
and Tercon Immobilien Projekt-entwicklungs GmbH. The Frankfurt-based
architects responsible for FRA's Terminal 2, J.S.K. Architeckten,
created the stunning design for the  AIRRAIL center frankfurt.
Construction of a road access-ramp to the AIRRAIL center frankfurt is
now underway. Actual construction of the AIRRAIL center frankfurt is
scheduled to begin in April 2003 and be completed in 2006. For more
information, visit the Internet at: www.airrail.de and www.jsk.de -
ENDS -
ots Original Text Service: Fraport AG
Internet: www.newsaktuell.ch

Contact:

Fraport AG Frankfurt Airport Services Worldwide
Attn: Robert A. Payne - Manager International Press
D-60547 Frankfurt am Main
Germany
Tel. +49/69/690'785'47
Fax +49/69/690'605'48
E-Mail: r.payne@fraport.de
Internet: http://www.fraport.com

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