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Press releases

General information on The Grounds Real Estate Development AG.

 

 

The Grounds quadruples Group sales and significantly increases half-year earnings

Berlin, 23.09.2022 – The Grounds Real Estate Development AG developed successfully in the first half of 2022 and significantly increased its earnings. This was based on growth in Group sales, which at EUR 21.4 million were more than four times higher than in the comparison period of the previous year (EUR 4.9 million)...

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The Grounds acquires residential property with densification potential in Berlin-Lichtenberg

Berlin, 31.08.2022 –The Grounds Real Estate Development AG signed the purchase contract to acquire a residential property in Berlin-Lichtenberg yesterday. An apartment block with 22 apartments is currently on the plot. The property also offers potential to create further residential units...

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The Grounds acquires a 5,560 m2 plot in Königs Wusterhausen

Berlin, 13.07.2022 – The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded the contract to purchase a 5,560 m2 plot of land in Königs Wusterhausen yesterday. Once legal building requirements have been obtained...

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Magdeburg City Council approves land development plan and sets course for the future of Börde Bogen

Berlin, 13 June 2022 – In its meeting on Thursday, 9 June 2022, Magdeburg City Council approved the building development plan memorandum for the "Southern Sieverstorstrasse 174-2" area on which the Börde Bogen project is to be realised in the coming years...

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The Grounds and Deutsche Habitat have entered into a joint venture for residential property project development in Blankenfelde-Mahlow

Berlin, 9 June 2022 – The Grounds Real Estate Development AG acquired a 51 percent stake in a project development in Blankenfelde yesterday. The seller of the shares is Deutsche Habitat GmbH from Berlin, which will realise the project in the future together with The Grounds as a joint venture partner...

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