Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project "Grützmacherstraße 10" comprises the optimisation of the letting of an existing building in the German city of Wismar. The property is located in the centre of the Hanseatic city of Wismar, which lies directly on the Baltic coast of Mecklenburg-Vorpommern. The property comprises the existing building with 1,820 m² and has a total of 25 residential units. The plot of land amounts to 176 m². The residential units of the property are currently 100 % rented. The property generates around 150,000 € in annual rental income.
The purchase agreement has been concluded and the issuer is already the owner of the property. The objective of the issue is the equity refinancing of the acquisition of the property, as well as the optimisation of the portfolio units, and the financing of the renovation costs incurred in the course of the optimisation. The real estate project will be sold globally according to plan.
Wismar is a Hanseatic city on the Baltic coast. The city is the sixth largest in the state of Mecklenburg-Vorpommern in Germany. The historic city was added to the UNESCO World Heritage List in 2002. The property is located in the centre of the coastal town and local amenities of all kinds are within walking distance.
The city of Wismar is the district town of the Nordwestmecklenburg district in Germany. With a population of around 43,000, Wismar is the sixth largest city and the largest city of the 18 medium-sized centres in the state of Mecklenburg-Vorpommern. Wismar is located on the Baltic Sea coast at the southern end on Wismar Bay. Wismar is an important and popular destination for tourists as the city gains cultural and historical significance through its valuable townscape and attracts more and more cruises thanks to its location on the Baltic Sea. The industrial port and shipping industry is also of economic importance. Since 2002, the old towns of Wismar and Stralsund have been included in the UNESCO World Heritage List as the "Historic Old Towns of Stralsund and Wismar".
Nothing is worth more than a good location. The property "Grützmacherstraße 10" is located in the centre of Wismar. The historic pea store is in a sought-after old town location. It is only a 7-minute walk to the Wismar train station and a 2-minute walk to the Lohberg bus station. The nearest airport in Hamburg can be reached by car in just under 90 minutes. Local amenities of all kinds are located in the immediate vicinity of the property.
The property is ideally located in the old town centre of Wismar. Shops of all kinds can be reached in just a few minutes. The harbour and Wismar Bay are also just a few minutes' walk away. The location can be rated as excellent.
The Wismar Water Art is the landmark of the city of Wismar. It is located on the large market square in Wismar. The structure, designed by the Utrecht master builder Philipp Brandin, worked on the principle of the running fountain. The construction of the Wismar Wasserkunst lasted from about 1579 to 1602. The style of the Wasserkunst is a dodecagonal building in delicate stone work in the style of the Dutch Renaissance. The building is made of limestone.
The old towns of Stralsund and Wismar have been UNSECO World Heritage Sites since 2002. Wismar represents the ideally developed town complexes from the heyday of the Hanseatic League in the 14th century. The town centres, consisting of monumental brick churches and representative merchants' houses, date back to the Middle Ages and have been virtually preserved to this day. An exhibition in the World Heritage House can be discovered in the visitor centre. The exhibition gives visitors a vivid impression of the Hanseatic city's long history.
With just over 200,000 inhabitants and 214 km², the Hanseatic City of Lübeck is considered the second largest city in Schleswig-Holstein. In addition, Lübeck is one of the four major centres of the state. Lübeck can be reached from the property in just one hour. More than 7,000 students are attracted to the charming city every year, with the number of students increasing annually. This makes it one of the most important centres for teaching and research in the country. Around 7,000 ships call at the port city every year. Lübeck's old town is famous for its cobbled streets and romantic arcades. The world-famous landmark, the Holsten Gate, is a popular destination. The city gate demarcates the old town of the Hanseatic city of Lübeck to the west. The Holsen Gate is not only the city's landmark, but has also been Lübeck's city history museum since 1950. In addition, the city is also known as the Marzipan City and goes back to the marzipan tradition founded in 1800.
The famous Hanseatic city in Germany can be reached in just one hour and 30 minutes from Wismar. The nearest airport is also located in the historic city. The Hanseatic city of Hamburg is the second smallest of the 16 German states with an area of only 755 square kilometres. It is also the most populous city in Germany after Berlin and has one of the largest and busiest ports in Europe. The official name, which encompasses both the state and the city, reflects Hamburg's long tradition of particularism and self-government. Hamburg and Bremen (the smallest of the federal states) are the only German city states that still retain something of their medieval independence. Hamburg's characteristic individuality has been proudly cultivated by its citizens, so that the city's culture has retained its uniqueness in many areas of public and private life and has not succumbed to the general trend towards standardisation.
Fourreal meets the challenge of contemporary space creation with the new construction or revitalisation of high-quality residential properties. When it comes to real material assets, Fourreal is the right contact. Since its foundation, the focus has been on project realisations in inner-city areas as well as on the development of living space in locations with a special quality of life. In addition to project development of upmarket residential properties, Fourreal concentrates on investments in properties for its portfolio. Precise property research and direct, compact planning enable the elimination of intermediate interfaces and thus maximum cost efficiency. Good creditworthiness and financial resources enable quick and flexible decisions.