DGAP-News: HELMA Eigenheimbau AG expands business area of its fast-growing subsidiary HELMA Wohnungsbau GmbH
(firmenpresse) - DGAP-News: HELMA Eigenheimbau AG / Key word(s): Miscellaneous
HELMA Eigenheimbau AG expands business area of its fast-growing
subsidiary HELMA Wohnungsbau GmbH
23.01.2013 / 10:00
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HELMA Eigenheimbau AG expands business area of its fast-growing subsidiary
HELMA Wohnungsbau GmbH
Lehrte, January 23, 2013 - HELMA Eigenheimbau AG, the specialist for
individual solid construction houses and sustainable energy concepts, is
about to embark on a further significant expansion of its business with its
subsidiary HELMA Wohnungsbau GmbH.
HELMA Wohnungsbau GmbH boasts a track record of successful operation to
date, especially as a provider of individual solid construction detached
and semi-detached homes including plots of land in major cities such as
Berlin, Hamburg, Hanover and Munich, as well as in their respective
commuter belts. The company's product range also includes
solid-construction terraced houses. This product range is aimed primarily
at private individuals who intend to live in the properties which they buy.
HELMA Wohnungsbau GmbH has already grown its business volumes considerably
over the 2009 to 2012 period, boosting its revenue more than fivefold.
Having completed the purchase of various attractive plots of land, constant
revenue growth is also anticipated over the coming years at HELMA
Wohnungsbau GmbH in the area of detached, semi-detached and terraced
houses.
An expansion of the business model described above will also now generate
additional revenue potentials. This planned expansion includes the
planning, construction and subsequent sale of multi-family homes to
institutional investors. To this end, several pre-developed residential
construction projects were acquired from bauwo Wohn AG, Hanover, as part of
an asset deal. As part of this deal, HELMA was obligated neither to
purchase plots of land nor to implement the respective projects. Neither of
these activities will occur until the relevant projects have undergone
final scrutiny. The projects are located in the cities of Berlin, Hanover
and Potsdam. The parties have agreed to maintain confidentiality concerning
the modalities of the purchase price.
The Management Board of HELMA Eigenheimbau AG is assuming that the
expansion of this business field will generate additional revenues of
between EUR15 million and EUR30 million per year by the latest from the
2015 financial year.
The management team of HELMA Wohnungsbau GmbH has been expanded from two to
four individuals in order to be optimally staffed for the significant
growth that is being targeted. This management team will now be composed of
HELMA Management Board members Karl-Heinz Maerzke and Gerrit Janssen, as
well as Harald Beinlich und Björn Jeschina, who have been appointed
additional managing directors of HELMA Wohnungsbau GmbH with immediate
effect.
Mr. Beinlich (49) trained as a commercial executive in real estate
management, and has already been with the HELMA Group for more than two
decades. As an authorised company officer and project development director,
he has played a significant role in shaping the successful development of
HELMA Wohnungsbau GmbH over the past years, and will continue to deploy his
extensive know-how in the future in his responsibility for focusing on
expanding the current business area.
Dipl.-Ing. Björn Jeschina (47) is an architect, and holds an MBA in the
sustainability management area. His previous positions include being a
Management Board member at bauwo Wohn AG, chairman of the management at
Formart Hannover (part of HOCHTIEF Solutions AG), and technical director at
the Gundlach Group, in each case carrying responsibility for expanding the
property development business in the North German region. Based on his past
successes, and the extensive expertise that he has acquired in the
realisation of residential construction projects, Mr. Jeschina will focus
on structuring the growth of the new business area.
About HELMA Eigenheimbau AG:
HELMA Eigenheimbau AG is a customer-oriented building services-provider
offering a full range of services. The focus is on the development,
planning, sale, and construction management of turnkey or partially
completed detached and semi-detached houses using the solid construction
method. Particularly the option of individual planning and
individualisation without extra costs, as well as the company's outstanding
know-how in the area of energy-efficient construction methods, are
perceived on the markets as HELMA Eigenheimbau AG's unique selling
propositions. With its persuasive sustainable energy concepts, the company
has established itself as one of the leading providers of solar
energy-saving homes, and is one of the most experienced companies in the
solid construction house sector, having constructed several thousand
owner-occupier homes. As a property development company, holiday home
builder, and finance broker respectively, HELMA Wohnungsbau GmbH, HELMA
Ferienimmobilien GmbH and Hausbau Finanz GmbH round out HELMA Group's
product range.
Investor Relations contact:
Gerrit Janssen, Management Board member/CFO
Tel.: +49 (0)5132 8850 113
E-mail: ir(at)helma.de
End of Corporate News
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23.01.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: HELMA Eigenheimbau AG
Zum Meersefeld 4
31275 Lehrte
Germany
Phone: +49 (0)5132/8850-0
Fax: +49 (0)5132/8850-111
E-mail: info(at)helma.de
Internet: www.helma.de
ISIN: DE000A0EQ578
WKN: A0EQ57
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of News DGAP News-Service
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199629 23.01.2013
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