DGAP-News: HELMA Eigenheimbau AG: Purchase of attractive land plots secures further significant expansion of property development business
(firmenpresse) - HELMA Eigenheimbau AG / Key word(s): Miscellaneous
02.11.2010 07:55
---------------------------------------------------------------------------
HELMA Eigenheimbau AG: Purchase of attractive land plots secures further
significant expansion of property development business
Lehrte, November 2, 2010 - HELMA Eigenheimbau AG, the specialist for
individual solid construction houses and sustainable energy concepts, has
purchased two attractive land plots within the Berlin metropolitan
conurbation through its subsidiary HELMA Wohnungsbau GmbH. As a
consequence, the basis for further significant growth in the high-margin
property development business has been created earlier than planned. HELMA
Wohnungsbau GmbH is thereby developing into one of the highest-revenue and
most successful property developers for detached homes within the greater
Berlin metropolitan region.
The first land plot, which is located in the Stahnsdorfer Grashüpferviertel
area on Berlin's southern city perimeter, offers a total area of 16,076
square meters of fully developed construction land, providing space for
around 40 detached and semi-detached homes. The second land plot, which was
also purchased on a fully developed basis, is located directly along the
water's edge of the Teltow Canal in the Berlin city district of Rudow, and
offers a total area of 32,971 square meters. Plans for this plot entail the
construction of around 66 detached and semi-detached homes.
The investment volume, including ancillary costs such as land purchase tax
and notary costs, amounts to a total of around EUR 8.34 million for both
land plots. The Management Board of HELMA Eigenheimbau AG is assuming that
most of the total of around 106 land units including HELMA homes will
already be sold in the 2011 and 2012 financial years. As a consequence,
these transactions give rise to additional revenue potential of around EUR
28 million (land and houses) for the HELMA Wohnungsbau GmbH subsidiary,
which will prospectively be distributed among the 2011-2013 financial
years.
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 and a finance
broker respectively, HELMA Wohnungsbau GmbH and Hausbau Finanz GmbH expand
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
02.11.2010 07:55 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
---------------------------------------------------------------------------
Language: English
Company: HELMA Eigenheimbau AG
Zum Meersefeld 4
31275 Lehrte
Deutschland
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 Hamburg, Berlin, Düsseldorf, Stuttgart; Entry
Standard in Frankfurt
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
Datum: 02.11.2010 - 07:55 Uhr
Sprache: Deutsch
News-ID 32458
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 206 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: HELMA Eigenheimbau AG: Purchase of attractive land plots secures further significant expansion of property development business"
steht unter der journalistisch-redaktionellen Verantwortung von
HELMA Eigenheimbau AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
