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Bamberg Estate

Posted by Geneva | Posted in News | Posted on 16-05-2019

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‘neumann78’ is the title of the project under which the PROJECT group has started the implementation of a residential Park in Furth. The PROJECT group consists of a team of experienced specialists in the field of real estate. With the establishment of the PROJECT GFU in April 1998 the PROJECT’s first real estate fund was set up. The PROJECT Group proves that there is in any market situation success strategies with real estate: yesterday, today, and especially in the future. In the meantime the PROJECT GFU has successfully launched more than a dozen Fund and pooled their previous experience in two special fund concepts: the real estate fund portfolio strategy with the real estate private equity fund. In the sum of their properties, these concepts differ considerably from other market offerings.

There are nine town houses with living space of between 125 to 150 square meters, as well as three town house villas with 21 apartments, with living space of between 76 and 154 square meters. As a whole should on a plot of approximately 7,000 square meters 3.200,00 square meters living space created be. The start of construction is planned for this summer, the completion of the secession is planned for late 2010. This PROJECT can offer the real estate despite a demanding architecture and high-quality facilities, as well as the unique Furth location between South Park and the Grunderzeit Dambach at fair prices. The townhouses will be to buy between 300,000 and 384.000 EUR, for the exclusive apartments are set between 2,550 and 2,850 Euro price per square meter.

Only in November of last year PROJECT had been awarded the area, which was once used as a commercial area. The originally existing Horn factory, which increasingly disintegrated, was torn down in the meantime. Working with urban planning and city management proved highly cooperative. Now a new residential area will occur on this beautifully situated property, which is located directly at the Rednitzgrund and enjoys unobstructed views, which is characterised in particular by its sought-after location and quality”, explains Ringo Haritz as managing partner of PROJECT PD development GmbH, which is entrusted with the development and sale of residential parks. Furth is one of the Northern Bavarian Metro pole area Nuremberg/Furth / Erlangen”, whose development prospects are rated above average. So, for example, Erlangen in the so-called future Atlas describing the most important locations in Germany took fourth place. Here, the demand is high for housing. This is also a reason why the PROJECT group focused among other things on this Metropolstandort. The concrete implementation in the Neumann road describes the supervising architect Gerhard p. Wirth as follows: immediately we are located in the flood plains of Rednitztales, adjacent to the water protection area, on a plot, its construction history dating back 160 years. Here, we will implement building that are individual and unique as the people who live and work. Habitats with soul and character. Our design standard on the “Architecture is clearly in a few words: Cubist and purist as well as concise and timeless combined with a high level of comfort and quality.” The PROJECT group is a real estate development company headquartered in Berlin/Potsdam, Bamberg, Nuremberg and Munich. The company specializes in metropolitan regions and funded by retail on the capital market, in which investors benefit from the development potential of the real estate industry. More information:

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