[FIRST LOOK] Aukett + Heese, the German arm of Aukett Fitzroy Robinson (AFR), has unveiled its proposed new Sheraton hotel in Berlin
The 464-bedroom hotel, with its presidential suite, spa, two restaurants, ballroom and contemporary conference centre, is part of a larger 38,500m² mixed-use development, which also includes 4,000m² of shops.
The scheme includes an 800m² glazed roof-top event space and an 800m² roof terrace with a ‘unique panoramic view of the German capital’.
There are also plans for a skywalk between the building and Berlin’s main rail terminal, connecting directly to the new Berlin Brandenburg International airport
Meanwhile, AFR bosses have confirmed the company’s 175 staff have taken £750,000 worth of voluntary salary cuts with the chief executive Nicholas Thompson and finance director Duncan Harper having jointly agreed to forfeit £130,000 out of their combined pay packets.
Thompson said: ‘Like most practices, we are keeping a close eye on costs while the market remains in a vulnerable state. Our latest annual report and accounts reflects the pragmatic approach we have adopted to cost cutting measures for the business. This has resulted in the whole company, including our international operations, taking voluntary pay cuts and this is greatly appreciated.
‘We believe this is the right thing to do in the current circumstances and by taking these measures, we are able to retain our people and their talent and skill level that is so important to the practice to maintain our strong market position.’
The cuts have been in place since late last year.
Two months ago Thompson told the AJ there would be ‘no more cost cutting’ at the listed-company in 2010 after it posted a £1.876 million loss for 2008/2009.