CORPORATE NEWS

The Grounds starts marketing for terraced houses in Dallgow-Döberitz

- 28 spacious terraced houses "Am Reitplatz" (at the Riding School)

- An optimum suburban location to the west of Berlin

- Fully let - suitable for capital investors or owner-occupiers

Berlin, 02.09.2021 -The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) has begun marketing a terraced house development built in 1997 "Am Reitplatz" (at the Riding School) in Dallgow-Döberitz. The estate includes a selection totalling 28 spacious terraced houses. The majority of the houses are tenanted, and can be acquired both as a capital investment or for owner-occupation.

The houses inspire confidence with their well-lit rooms, attractive floor plans and a diverse range of spaces. Around 143 m² of living area is available in each of the terrace-end houses, and about 135 m² in the mid-terrace houses. In addition to living rooms on the ground floor and upper floor, the houses have a basement floor with a hobby room and generously-sized storeroom, together with an attic converted into storage space.

The key features of the immediate neighbourhood are prestigious estates, forest, meadows and paddocks, as well as a child day-care centre and a public play area, and it is therefore especially attractive for families with children. Jacopo Mingazzini, Management Board of The Grounds, says: "Dallgow-Döberitz borders on the western edge of Berlin, and is thus in a prime suburban location combining the benefits of a big metropolis with those of living in the country. Moreover, the location is a typical example of the growing attractiveness of many surrounding communities that increasingly come into consideration for a relocation even by Berlin residents in view of Berlin's tight housing market."

The village with a population of about 10,000 is situated in green surroundings, has a convenient traffic link to the capital city and a modern infrastructure, and also offers high recreational value with numerous sports and leisure activities together with opportunities for excursions.

Company contact:
The Grounds Real Estate Development AG
Arndt Krienen/Jacopo Mingazzini, Management Board
Charlottenstrasse 79-80, 10117 Berlin, Germany
Tel.: +49 (0) 30 2021 6866
Fax: +49 (0) 30 2021 6849
E-mail:
Web:

Investor relations:
UBJ GmbH
Ingo Janssen, Management Director
Haus der Wirtschaft, Kapstadtring 10
22297 Hamburg, Germany
Tel.: +49 (0) 40 6378 5410
E-mail:
Web:

Press contact :
RUECKERCONSULT GmbH
Peter Dietze-Felberg
Wallstrasse 16
10179 Berlin, Germany
Tel.: +49 (0) 30 284 49 87 62
E-mail:
Web:

About The Grounds
The Grounds Group implements residential projects in German metropolitan regions. The Grounds Group also holds a steadily growing residential portfolio in its fixed assets. The Grounds Real Estate Development AG is quoted in the upper free market segment of Düsseldorf Stock Exchange's primary market (ISIN: DE000A2GSVV5), and has its headquarters in Berlin and an office in Stuttgart.