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Vivico sells two properties in Munich

 

Munich, 25th November 2010   Vivico has sold two plots in Munich-Aubing to a project company of Immobilienzentrum AG. The premises, located at Hellensteinstrasse and Reußensteinstraße, cover in total 27,000 m². There is building law for approx. 3,500 m² and 5,100 m² gross floor space. Immobilienzentrum AG plans to construct approx. 46 single-family homes on the premises. Both parties have agreed upon not publishing the price of the contract.