Elizabeth Street Common Ground

DGAP-News: The Grounds Real Estate Development AG gains joint venture partner for Börde Bogen project development in Magdeburg

Retrieved on: 
Wednesday, December 22, 2021
Sale, Elizabeth Street Common Ground, Financial Oversight and Management Board for Puerto Rico, Gesellschaft mit beschränkter Haftung, Growth, Stonehenge, Bogen, Surveying, Grounds

Berlin, 22.12.2021 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded a contract today for the sale of a majority holding of 51% percent of the shares in the project company for the Brde Bogen project development in Magdeburg.

Key Points: 
  • Berlin, 22.12.2021 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded a contract today for the sale of a majority holding of 51% percent of the shares in the project company for the Brde Bogen project development in Magdeburg.
  • The purchaser of the shares is Stonehedge SHG 1.
  • Beteiligungs GmbH in Berlin, which will implement the project in future together with The Grounds as a joint venture partner.
  • We will invest the proceeds from the sale in the further growth of The Grounds."

Jericho Project Launches New Family Housing Program to End and Prevent Homelessness

Retrieved on: 
Wednesday, August 4, 2021
Housing, Euthenics, Homelessness in the United States, Homelessness, Supportive housing, Residential buildings, Family homelessness, Personal life, Elizabeth Street Common Ground

"As New York re-opens, we must address the tragedy of family homelessness and enable families to rebuild their lives.

Key Points: 
  • "As New York re-opens, we must address the tragedy of family homelessness and enable families to rebuild their lives.
  • Jericho Project is providing vulnerable families with supportive housing that is proven to be the best long-term solution to homelessness in our city.
  • Jericho Project empowers individuals and families experiencing homelessness or economic insecurity by providing housing and person-centered services to transform lives and address social inequities.
  • For 38 years, Jericho has provided supportive housing and counseling services to thousands of individuals experiencing chronic homelessness.