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The Grounds Real Estate Development AG

Regulatory Filings Sep 2, 2021

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News Details

Corporate | 2 September 2021 08:00

The Grounds Real Estate Development AGstarts marketing for terraced houses in Dallgow-Döberitz

DGAP-News: The Grounds Real Estate Development AG / Key word(s): Real Estate

02.09.2021 / 08:00

The issuer is solely responsible for the content of this announcement.

CORPORATE NEWS

The Grounds starts marketing for terraced houses in Dallgow-Döberitz

– 28 spacious terraced houses “Am Reitplatz” (at the Riding School)

– An optimum suburban location to the west of Berlin

– Fully let – suitable for capital investors or owner-occupiers

Berlin, 02.09.2021 -The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) has begun marketing a terraced house development built in 1997 “Am Reitplatz” (at the Riding School) in Dallgow-Döberitz. The estate includes a selection totalling 28 spacious terraced houses. The majority of the houses are tenanted, and can be acquired both as a capital investment or for owner-occupation.

The houses inspire confidence with their well-lit rooms, attractive floor plans and a diverse range of spaces. Around 143 m 2 of living area is available in each of the terrace-end houses, and about 135 m 2 in the mid-terrace houses. In addition to living rooms on the ground floor and upper floor, the houses have a basement floor with a hobby room and generously-sized storeroom, together with an attic converted into storage space.

The key features of the immediate neighbourhood are prestigious estates, forest, meadows and paddocks, as well as a child day-care centre and a public play area, and it is therefore especially attractive for families with children. Jacopo Mingazzini, Management Board of The Grounds, says: “Dallgow-Döberitz borders on the western edge of Berlin, and is thus in a prime suburban location combining the benefits of a big metropolis with those of living in the country. Moreover, the location is a typical example of the growing attractiveness of many surrounding communities that increasingly come into consideration for a relocation even by Berlin residents in view of Berlin’s tight housing market.”

The village with a population of about 10,000 is situated in green surroundings, has a convenient traffic link to the capital city and a modern infrastructure, and also offers high recreational value with numerous sports and leisure activities together with opportunities for excursions.

Company contact:

The Grounds Real Estate Development AG

Arndt Krienen/Jacopo Mingazzini, Management Board

Charlottenstrasse 79-80, 10117 Berlin, Germany

Tel.: +49 (0) 30 2021 6866

Fax: +49 (0) 30 2021 6849

E-mail: [email protected]

Web: www.thegroundsag.com

Investor relations:

UBJ GmbH

Ingo Janssen, Management Director

Haus der Wirtschaft, Kapstadtring 10

22297 Hamburg, Germany

Tel.: +49 (0) 40 6378 5410

E-mail: [email protected]

Web: www.ubj.de

Press contact :

RUECKERCONSULT GmbH

Peter Dietze-Felberg

Wallstrasse 16

10179 Berlin, Germany

Tel.: +49 (0) 30 284 49 87 62

E-mail: [email protected]

Web: www.rueckerconsult.de

About The Grounds

The Grounds Group implements residential projects in German metropolitan regions. The Grounds Group also holds a steadily growing residential portfolio in its fixed assets. The Grounds Real Estate Development AG is quoted in the upper free market segment of Düsseldorf Stock Exchange’s primary market (ISIN: DE000A2GSVV5), and has its headquarters in Berlin and an office in Stuttgart.


02.09.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: The Grounds Real Estate Development AG
Charlottenstraße 79-80
10117 Berlin
Germany
Phone: 030 2021 6866
Fax: 030 2021 6489
E-mail: [email protected]
Internet: www.thegroundsag.com
ISIN: DE000A2GSVV5, DE000A3H3FH2
WKN: A2GSVV, A3H3FH
Listed: Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich, Tradegate Exchange
EQS News ID: 1230520
End of News DGAP News Service

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