Würzburg, 22. Januar 2018
- Construction of four new buildings and refurbishment of an existing property
- 279 furnished apartments and 20 shared flats planned
- Gross floor area covers 11,382 m²
Würzburg, 22 January 2018: EVANGroup plc („EVAN“) (ISIN DE000A19L426 / WKN A19L42), is pressing ahead with its growth strategy in the area of student micro-apartments. The company is now realising its first project in southern Germany in the student city Würzburg. With an investment volume of around EUR 30 million, EVAN is building a residential complex with customised apartments for students and hospital nursing staff at the address Urlaubsstraße 2a and 2b in the immediate vicinity of the University Hospital Würzburg. Following the acquisition of the real estate, EVAN has now also obtained building permission from the City of Würzburg.
Four new buildings will be erected on the plots of land, which are conveniently situated in terms of transport, and an already existing property belonging to the housing cooperative Heimathilfe will be thoroughly refurbished. With a gross floor area of 11,382 m², the apartment complex will offer living space of 7,738 m² after its completion. The five buildings will house 279 furnished apartments and 20 shared flats. 74 units have barrier-free access. To meet the mobility requirements of the student residents, parking space for 45 motorcycles and 320 bicycles is to be created in addition to space for at least 107 cars. In addition, 3 car-sharing parking bays and 2 charging stations for electric vehicles are planned to ensure that the entire complex is fit for the future and sustainable in terms of developing transport needs.;
EVANGroup plc is an institutional owner operator of commercial properties in the top 10 German cities, using their longstanding experience to create value in underserved niche markets, such as micro living for students and professionals, worker’s accommodation and specialty commercial properties. With the same ownership structure and now on an institutional basis, EVAN continues the success story of UNIMO Real Estate Holding AG which already lasted more than two decades.
|Important Information / Disclaimer: This publication shall not constitute an offer to sell or a solicitation of an offer to buy or subscribe of any securities of EVANGroup Plc in any jurisdiction. Potential users of this information are requested to inform themselves about and to observe any such restrictions. This publication and the information contained therein are not directed at or to be accessed by persons who are residents of the United States, who are physically present in the United States, who are otherwise „U.S. persons“ as defined in Section 902 of Regulation S under the United States Securities Act of 1933, as amended (the „Securities Act“) or who are located in Canada, Australia or Japan or any jurisdictions in which the distribution of this publication or release of such information would be unlawful. Securities of EVANGroup plc cannot be offered or sold in the United States without registration under the Securities Act or pursuant to an exemption from such registration. EVANGroup plc has not registered, and does not intend to register, any of its securities under the Securities Act or to conduct a public offering of securities in the United States. This publication shall not be regarded as an investment advice or recommendation within the meaning of German Securities Prospectus Act or Directive 2003/71 /EC of the European Parliament and may not be used for an offering requiring such prospectus. EVAN Group Plc will not be responsible for the content of this document in relation to any offering which requires such a prospectus. This publication contains „forward-looking statements“. Forward -looking statements are all statements, which do not describe facts of the past, but containing the words „believe“, „estimate“, „expect“, „anticipate“, „assume“, „plan“, „intend“, „could“, and words of similar meaning. These forward-looking statements are subject to inherent risks and uncertainties since they relate to future events and are based on current assumptions and estimates of EVANGroup plc, which might not occur at all or occur not as assumed. They therefore do not constitute a guarantee for the occurrence of future results or performances of EVANGroup plc The actual financial position and the actual results of EVANGroup plc, as well as the overall economic development and the regulatory environment may differ materially from the expectations, which are assumed explicitly or implicitly in the forward-looking statements and do not comply to them. Therefore, investors are warned to base their investment decisions with respect to EVANGroup plc on the forward-looking statements mentioned in this publication.|