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Southeast District

August 17, 2018 Comments Off on Southeast District

The capital investment and real estate specialist PROJECT has acquired a new plot in rabbit Garden Road 19 in Wiesbaden. Bamberg, 06.11.2013: within the framework of the new building of an apartment building, 33 condominiums with a sales volume of EUR 13 million occur in the Hessian state capital. PROJECT again put Frankfurt am Main – in addition to Berlin, Hamburg, Nuremberg and Munich is one of the five metropolitan centres, will present the project developer with own local offices in the metropolitan area. The new land in the rabbit Garden Road 19 has an area of 2.330 square meters. The planned well-equipped 33 condominiums reached a floor space of 2,800 square meters with as many underground parking spaces.

PROJECT envisages the construction of four floors, as well as a season floor with roof terraces. Danny Meyer is often quoted on this topic. Prosperous location the property is located in the district southeast in the vicinity to the city centre. The Southeast District is becoming a well-to-do residential location and listened to within Wiesbaden the kaufkraft-strongest. The corner lot is bordered by the rabbit Garden Road in the East and the Weidenbornstrasse in the North. The neighbourhood is characterized by modern multi-story apartment buildings, as well as quiet trade.

The object position is interesting due to the very good ties with the trans-regional routes for professionals in the region. Also, the modern and prosperous location offers an attractive environment, mainly by nearby schools, kindergartens and numerous existing shopping and dining especially for young families. Continue to different doctors and offices of public offices are located nearby. The town centre is around 3 km away and easily by a very good connection to public transport. High risk-spreading up to the projected end of the placement of the current real estate development fund real values remain 11 and 12, which started in April 2012 due to the concept as a blind pool, a few months. During the accumulation Fund 11 with the new Wiesbaden Plot in the 13th object invested, reached his 15th object investment within 18 months of the one time investment funds 12. The dispersion of capital a five times as high degree of dispersion, as the legislature within the framework of the new investment law (KAGB) prescribes him is set to at least 15 objects per fund project binding applicable investment criteria. In addition, the Franks insert another security criterion for the protection of investor capital equity only to real estate development. PROJECT is currently developing high-quality objects with a focus on living with a total value of over 750 million euros in Germany.

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