Development of land for construction of single-family homes
Property particulars:
- approx. 32,000 sqm. gross land area
- of which approx. 23,000 sqm. potential building land
Project volume:
approx. 5,000,000 Euro
Timetable:
2004 - 2006 planning permission, marketing and sale
Services:
Negotiation with community bodies regarding execution of development plan, marketing single family house plots and negotiation / finalisation of purchase contracts
Owner / representative:
Overall responsibility, Volker Müller for WERT-KONZEPT, Tercon, IVG Immobilien AG (owner)
Special features:
Optimisation of property portfolio through reclassification of green and forest areas as building land; sale above official land value through direct sales
Note: This reference does not concern an Immpex project, but its management was responsible for the relevant activities as part of their earlier work.