Implenia and Deutsche Seereederei GmbH have together founded a joint venture called Rubus Development GmbH. Each company is taking a 50% stake. Deutsche Seereederei GmbH is an investment holding company based in Rostock. Among its activities, it owns and runs hotels and resorts through a subsidiary. The aim of Rubus Development is to develop sustainable, standardized and industrialized real estate products for the area of Green Hospitality in the growing North Sea and Baltic tourism market, as well as in the Alpine region and Italy. All its future real estate developments will follow a clear philosophy centred on sustainability. This is very much in line with the corporate strategies of both Implenia and Deutsche Seereederei. Rubus Development has its head office in Hamburg and already manages a portfolio of different development projects in the DACH region. Rubus Development will greatly expand the business model for developments in the new-build and modernization markets. To ensure the success of this expansion strategy, Rubus Development will enter into or deepen a series of strategic partnerships covering the entire range of the value chain.