Launch of two real estate objects Bamberg, 16 April 2012: The PROJECT group has acquired another land in a top location in the Zehlendorf district values Fund 9 and 10 for their real. Already during the construction phase of the two stages of construction, the real estate developer anticipates a sale of 80 percent of all homes more than each. At the same time, PROJECT launches the sale of two other buildings in Berlin and Furth. Berlin is currently one of the most interesting markets of in Germany, when it comes to the development of real estate objects. PROJECT funds invest so effectively in the development of high-quality real estate in the capital city, which enjoy a strong growth in demand. Now the providers of equity capital-based real estate development funds for residential real estate has bought another property in Berlin-Zehlendorf, invest in that fund the PROJECT real values 9 and 10. The plot is Schlettstadter street / corner 18.950 sqm Sundgauvian road and borders on two quiet residential streets and in the West on a horticulture company.
It will be in two Sections apartment buildings in an open construction with two floors including attic, built a total 111 homes in upscale facilities, as well as 111 underground parking spaces. The newly created area covers approximately 9,500 square meters. Zehlendorf is located in the South Western of part of Berlin, and is regarded as the noblest and most expensive residential area with the highest standard of living in the city. In the surroundings there are extensive recreational areas with lakes and forests as well as attractive sports and leisure activities. The total volume of the object Schlettstadter street / corner Sundgauvian road is 43.5 million euros. The construction phase begins in 2014 and will be completed in 2016.
For PROJECT real estate in Berlin and Furth on April 14, the sales start for the 32 condos in the Borussia road in ALT-Tempelhof is launch. The construction work will begin late this year. The new building is built to energy-efficient KfW-70 construction and receives an underground car park with 25 parking spaces in addition. On 22 April, the sales for the first phase of construction of the manors launch in Furth with 39 apartments on the old “Art Institute pitcher man”-site. Total 137 attractive apartments in seven buildings and 141 pitches will be created. Also, these apartments are built in KfW-70 construction. The facade is characterized by predominantly floor to ceiling Windows, while by default in all apartments a floor heating, parquet flooring and high-quality sanitary facilities. For more information see and press/downloads /