Project update

Update from the originator:

The project developer would like to keep you up to date with regard to the progress of the Oldenburg project.

The quarterly report for the period from 1 January 2021 to 31 March 2021 can be found in the "documents" tab.

Update from the developer:

The property is for the purpose of apartment privatization according to § 8 WEG in 18 residential units (1,300.54 m2) divided up. There are also 10 parking spaces available. In the previous quarters, six residential units (427.45 m2) were sold for a total purchase price of € 1,010,000.00 and five parking spaces were also sold in one purchase price totaling € 10,000.00. In the current quarter, another eleven residential units (797.58 m2) were sold at a purchase price of € 1,824,000.00 and five parking spaces were also sold at a purchase price for a total of € 10,000.00. The purchase price receipts, partly also from the previous quarters, are recorded.

A new document containing numbers was uploaded.

Update from the developer:

The property has the purpose of apartment privatization according to § 8 WEG being divided into 18 residential units (1,300.54 m2). There are also 10 parking spaces available. In the previous quarter, three residential units were already available (219.98 m2) for a total purchase price of € 520,000.00 and three parking spaces for a purchase price of together € 6,000.00 will be sold. In the current quarter, three residential units (207.47 m2) were added for a purchase option at a price of € 490,000.00 and two parking spaces for a total purchase price of € 4,000.00 were sold. Purchase price receipts are expected to be available in the 4th quarter of 2020.

Sales level of apartments: 33%

Sales booth spaces: 50%
 

A new document has been added with more information about the project's progress.