Leipzig: Instone plans 330 apartments


Instone has acquired a 13,000 sqm property on Rosa-Luxemburg-Straße near Hans-Poeche-Straße in Leipzig, where it intends to develop a quarter with 330 apartments and a sales volume of €110mn. Plans are for a mix of conventional condominiums between two and five rooms, senior apartments, and apartments for students and professionals as well as the renovation of a listed apartment building on the property. Construction is due to start in 2021.

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