Stefan Helmbrecht: Stainlesssteeland residential complex opposite Erfurt Parliament completed ‘ it was the year of 2008, as adopted by the Heritus group, Mannheim, which had listed residential properties purchased, refurbished core and sold, until then primarily in Leipzig and Berlin also in other locations such as Mannheim, Frankfurt am Main and Erfurt, attractive heritage objects in its portfolio. One of these first addresses was a grade II listed residence with 78 units in the Arnstadt Street opposite of the Erfurt Parliament. After the Heritus group end of 2009 despite an order volume of approximately EUR 60 million had to apply for insolvency, she could not realize the planned refurbishment of the Arnstadt road project. Stefan Helmbrecht, one of two former Heritus CEO, is all the more pleased that the rehabilitation of the object Arnstadt road is closed off. Stefan Helmbrecht: The demand for high-quality real estate is strong and so the insolvency administrator, succeeded already in 2010 the object of Arnstadt Road to an investor to sell, which placed it in a short time on the market and has successfully rented the apartments after the recent refurbishment. “Stefan Helmbrecht: I did just spot a picture me and am excited about what I’ve seen.” For Stefan Helmbrecht, nearly 2 decades experts in the segment denkmalgeschutzer real estate, is thus realized, what he and his associates believed in 2008. If you are not convinced, visit visit website. Stefan Helmbrecht: Who wants to conclude a mutually profitable business in the real estate market, first of all not only isolated may the Memorial object prior to a purchase, that it may be interested in and so appealing it, have in mind.
A long list of other factors must be met. In Erfurt the outstanding economic figures with declining unemployment rate and the positive development of the property market as a whole in the city, such decisive factors were.” Other criteria were added. Stefan Helmbrecht: Is a residential complex opposite the Parliament and near the Center for Buyers naturally attractive. The apartments are still ideally tailored to and the renovation is carried out properly, then nothing is in the way is also a quick rental. As well, it has been implemented in the Arnstadt road. How right we were with our decision to purchase the residential complex, is evident now. For all 78 residential leases could be closed soon after the completion.” “Stefan Helmbrecht added: here again a piece has been retained cultural heritage, which also represents a worthwhile investment for investors and tenants including the financial aspects.” Stefan Helmbrecht founded a real estate development company based in Mannheim, Germany in 1996 and focused on the purchase, rehabilitation and revitalization of Monument-protected Grunderzeit houses in different locations of in Germany. Within a few years, one of the largest and most respected real estate companies in Germany developed it in the segment of listed real estate. A total of 152 were until today Heritage objects with a number of 1897 condos completed and passed to investors and their tenants or owner-occupiers. The realised by Stefan Helmbrecht and projected total investment volume amounted to 242.000.000 million euro so far. Stefan Helmbrecht is now mainly active as investor and project developer in the listed real estate sector, moreover, he controls the real estate activities of various well-known family offices and selected institutional investors.