| Aquisition Date/Sale Date | February 10, 2020 / To be announced |
| Type of use | Development of Residential building |
| Leasable Area | 830 sq.m. |
| Expected IRR | 30,00% |
City of Oberhausen
Achievements
- Garages were all rented out
- All needed and necessary document were prepared to apply for a residential building license
- Application was submitted to the city’s building authorities
- Application was granted in Dec 2020
- Construction works started 1st Quarter 2021
- Construction is expected to be done at the 4th quarter 2022
- Number of apartments constructed – 12
