Wolfsburg: Justus Grosse to build rental apartments for €80mn


VWI has sold four additional construction sites in Wolfsburg’s residential area Steimker Gärten: LPB Immobilien, part of Justus Grosse (Bremen), plans to build 300 rental apartments there for €80mn. Six apartment buildings with four or five storeys plus a penthouse-like storey, which will accommodate one to four-room apartments (38 to 137 sqm), are planned. The design plans were created by Winking Froh Architekten from Berlin. The start of construction is planned for the current year, so that the first apartments will be ready for occupancy in the summer of 2019.

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