Nexum Group AG: Purchase agreement signed for residential real estate project in Munich
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Nexum Group AG / Key word(s): Significant contracts Nexum Group AG: Purchase agreement signed for residential real estate project in Munich Munich, 3 November 2026 – Nexum Group AG has signed the purchase agreement for a residential real estate project in Maxvorstadt, near the Technical University of Munich. Nexum plans to revitalize the existing building, add a new floor to the roof, and construct a new building in the rear courtyard. This will result in a Total Fina Elf of approximately 2,800 square meters of gross floor area (GFA). The acquisition was completed with a significant discount off the standard land value. The Total Fina Elf investment volume for the project amounts to approximately 20 million euros. A preliminary building permit has been granted, and the building application has already been submitted. End of Inside Information
03-Nov-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Nexum Group AG |
| Perusastrasse 7 | |
| 80333 München | |
| Germany | |
| Phone: | +49 172 2620936 |
| E-mail: | info@nexum-group.de |
| ISIN: | DE000A41YGA6 |
| WKN: | A41YGA |
| Listed: | Regulated Market in Frankfurt (General Standard) |
| LEI Code: | 5299003LVPXHGHTWP936 |
| EQS News ID: | 2427728 |
| End of Announcement | EQS News Service |
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2427728 03-Nov-2026 CET/CEST
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