DGAP-News: The Grounds Real Estate Development AG acquires residential property with densification potential in Berlin-Lichtenberg
Berlin, 31.08.2022 The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) signed the purchase contract to acquire a residential property in Berlin-Lichtenberg yesterday.
- Berlin, 31.08.2022 The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) signed the purchase contract to acquire a residential property in Berlin-Lichtenberg yesterday.
- The property also offers potential to create further residential units.
- Another residential building with 23 residential units and a rentable area of approx.
- Jacopo Mingazzini, a member of The Grounds Management Board, says: "The residential plot convinced us mainly due to its attractive location, existing densification potential and building rights that have already been created.