Project Group

Bamberg / Nuremberg expects quick and high returns by popular demand, 5.3.2009 – the PROJECT group will invest with their currently placed funds in the development of a land in Furth. For the area in the Neumann road, which still accommodates several town houses with a total of 21 apartments, three city villas and nine townhomes, PROJECT was awarded already in November last year. The plot of land directly on the Regnitzgrund is one of the most sought after free surfaces in Furth for high-quality housing. The planning of apartments and houses foresees that the unobstructed view can be maintained. So, the relationship of view of it until far in the regnitz Valley and the Rhine Main-Danube Canal. Also adjoin the plot to a water protection area. We are pleased that we have received the contract for the development of this land, because we see great chances of quick and high returns in the development of housing in this sought after region”, explains Peter Nohr, Managing Director of PROJECT PB holdings GmbH.

Indeed Furth is among the North Bavarian Metro pole area Nuremberg/Furth / Erlangen”, which is characterised by a high stability in the real estate sector, as well as a large demand. So, for example, Erlangen in the so-called future Atlas Germany square took four at all locations. Currently the PROJECT group has set up the Fund PROJECT REAL EQUITY Fund 7 and 8 in the placement. The special feature of these investments is that only with equity in real estate development projects with high development potential is invested, their exit strategy have already been set in front. So there is a great demand now planned apartments and houses in the Neumann road. The PROJECT group is a real estate development company headquartered in Berlin/Potsdam, Bamberg, Nuremberg and Munich. The company specializes in metropolitan regions and refinanced by retail investors of the development potential of the real estate industry on the capital market, where benefit. More information:

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