execution of a development project within a special purpose vehicle (SPV) on developed land, in a manner that takes into account the revitalisation of post-industrial buildings which are subject to heritage protection, as well as the construction of new buildings
own financing by way of payments into the equity capital of the SPV and bank financing
a very good location
legally binding building conditions
plot area: 47,988 square metres
offer positioned in the middle and upper market segment taking into account loft and soft loft type premises
usable surface area to be sold (planned): approx. 60,000 square metres (of which approx. 20,000 square metres is residential space)
start-up of stage I - expansion and modernisation of the office building, stage I completion planned for 2011
commencement of further project stages (planned) - mid-2011