DGAP-News: HELMA Eigenheimbau AG invests in 'Am Hohen Ufer' newbuild projects and modernis

DGAP-News: HELMA Eigenheimbau AG invests in 'Am Hohen Ufer' newbuild projects and modernisation of 'Berta-Residenz' in Hanover

ID: 243982

(firmenpresse) - DGAP-News: HELMA Eigenheimbau AG / Key word(s): Miscellaneous
HELMA Eigenheimbau AG invests in 'Am Hohen Ufer' newbuild projects and
modernisation of 'Berta-Residenz' in Hanover

28.03.2013 / 11:30

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HELMA Eigenheimbau AG invests in 'Am Hohen Ufer' newbuild projects and
modernisation of 'Berta-Residenz' in Hanover

Lehrte, March 28, 2013 - HELMA Eigenheimbau AG, the specialist for
individual solid construction houses and sustainable energy concepts, has
won the bidding for two particularly attractive residential construction
projects in the city centre of Hanover. These projects will contribute to
the Group's targeted business expansion with total revenue potential of
around EUR14 million, and the transactions are set to be realised through
Group subsidiary HELMA Wohnungsbau GmbH. The 'Am Hohen Ufer' project is
located in Hanover's historic old town on the banks of the River Leine, and
comprises two newbuild constructions. The centrally located Berta Clinic is
to be completely modernised and converted into the 'Berta-Residenz', by
contrast.

The two planned residential and commercial buildings between the Rossmühle
and Am Hohen Ufer streets offer around 975 m²of residential area and space
for 10-12 apartments in both buildings' upper floors. Shops are planned for
the ground floors of the building facing the Burgstrasse street and the
Ballhofplatz square. A restaurant serving external areas of the riverside
promenade is planned for the bankside building. In total, the property
offers around 255 m²of retail area and 26 underground parking places along
with the approximately 550 m²of restaurant and bar space. Construction is
set to start in September 2013. The company aims to complete this promising
project by December 2014 along with related municipal measures. The 'Am




Hohen Ufer' project is expected to entail a revenue volume of around EUR8
million.

In the case of the centrally located Berta Clinic, at Bertastrasse 10 in
Hanover, HELMA Wohnungsbau GmbH is to completely modernise this three and a
half story building that dates back to the early years of the last century.
Its current utilisation as a clinical practice is to continue after the
development and conversion of the approximately 585 m²of related ground
and first floor space. Between approximately four and six apartments are
planned for the second and third floors. Expansion of the top floor will
enable the third floor apartments to become maisonette apartments. The
ground planning sets store by utilising the existing building structure as
best as possible while at the same time creating generous room divisions.
Construction is set to start in spring 2013, and should be completed by the
end of this year. A revenue volume of around EUR6 million is anticipated
for the 'Berta-Residenz'.

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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28.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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;
Frankfurt in Open Market (Entry Standard)


End of News DGAP News-Service
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205520 28.03.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 28.03.2013 - 11:30 Uhr
Sprache: Deutsch
News-ID 243982
Anzahl Zeichen: 6085

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