Conwert Establishes Joint Venture in Germany

Lifestyle & TravelPersonal Real Estate ♦ Published: April 27, 2012; 13:58 ♦ (Vindobona)

The Austrian real estate company expands in Germany. Sales volume of the construction project in Bamberg is estimated to reach € 100m.

Conwert Establishes Joint Venture in Germany / Picture: © Conwert

conwert Immobilien Invest SE will establish a joint venture with the Bavarian construction and sales specialist denkmalneu GmbH for the construction of the first car-free multi-generation urban district in Bavaria. The sales volume of the joint project located in the former Schaeffler commercial area in Bamberg totals € 100m.

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