Built to inform

Sign up for the daily newsletters

No, Thank you

Kleindienst Group reveals The Heart of Europe construction update

Germany, Honeymoon, and Sweden Islands progress as Floating Seahorse underwater homes, Portofino Hotel near handover

The Heart of Europe is a Kleindienst Group project.
Kleindienst Group
The Heart of Europe is a Kleindienst Group project.

UAE-based European property developer Kleindienst Group revealed that construction work on the Germany and Honeymoon Islands of its $5bn (AED18.4bn) The Heart of Europe project is 66% complete, with both schemes entering the final stages of construction as Portofino Hotel notes 50% completion, Sweden Island notes 70% progress, and the Floating Seahorse underwater homes also on track for handover, according to founder and chairman of Kleindienst Group, Josef Kleindienst.

Constructed in the shape of a horseshoe, Germany Island features 32 villas, with some designed for beachfront access, and some others surrounded by a lagoon, a garden, and tropical vegetation.

The island will also host 12 Floating Seahorse villas, touted as the world’s first underwater residences.

The heart-shaped Honeymoon Island features 100 floating seahorse villas, four restaurants, an infinity pool, a children’s pool, play areas, a dive centre, and a spa.

The news came after the developer announced it had recorded revenues exceeding $155m (AED575m) in H1 2019, adding that investor interest in The Heart of Europe – where 2,000 people are currently working – had supported H1 sales.

Kleindienst said its performance was also supported by construction progress at The Heart of Europe, which will receive its first guests at the family-only Portofino Hotel by end-2019.

Most popular


Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can


CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 753
Nov 09, 2019