EQS-News: Semodu AG / Key word(s): Real Estate
Semodu AG: SEMODU AG successfully completes land acquisition, develops fully modular district project and creates living space in Schwerin including lake view.
04.10.2022 / 14:09 CET/CEST
The issuer is solely responsible for the content of this announcement.
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New living space with close proximity to water and green areas.
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Quarter includes about 150-200 residential units.
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Continuation of the growth strategy: SEMODU AG develops a portfolio of sustainable districts.
SEMODU AG, a leading modular, technology-focused project developer for sustainable and affordable district developments, is acquiring a 19,500 m² property in Schwerin, the culturally influenced state capital of Mecklenburg-Western Pomerania.
The planned quarter is located in the up-and-coming district of Neu Zippendorf, which attracts many new residents with its flair and unique nature. Apartment owners appreciate the lake landscape and the lively ambience as well as the very good transport connections to the Baltic Sea coast, Lübeck, Rostock and Hamburg. Neu Zippendorf is in the southeast of the city, south of Lake Schwerin.
The development of a sustainable residential quarter with a total of approx. 150-200 residential units and approx. 200 parking spaces is to be completed by the end of 2025/2026 and will be built in three construction phases.
On the approximately 19,500 m² plot, innovative and modular residential units are to be created in a mix of uses in order to meet the different living needs of families, senior citizens and singles.
The project planning and arrangement of the planned building on the property will use this optimally, which leads to an above-average space efficiency.
“The district project will be completely modular and is an ideal example of our successful strategic orientation. With our own development and construction expertise, we are opening up an attractive residential area with a high quality of life in a preferred environment for future residents. In addition, we can plan the neighborhood development right from the start according to our defined sustainability standards, both in terms of energy and social issues,” says Frank Talmon l’Armée, CEO of SEMODU AG.
Further information on SEMODU can be found at: https://semodu.com/investor-relations/.
Contact: Benedikt Heidbüchel, LL.M.
Head of Investor Relations
SEMODU AG
Telephone +49 1590 1798 785
[email protected]
10/04/2022 CET/CEST Release of a Corporate News/Financial News, transmitted by EQS – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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