Saxony Cologne

New Ulm/Wesseling Cologne bought four houses with 126 apartments in an attractive location in Wesseling near Cologne – were the Monarchis Grundbesitz company real estate and financial services from the Bavarian Neu-Ulm mbH, after a session of the Executive Board, today announced that the interesting object with 126 units in Wesseling near Cologne, which was bought in September 2009, now in the Administration is devolved. Thus, Monarchis has now objects with a total 670 units in Bavaria, Baden-Wurttemberg, Hesse, Saxony and North Rhine-Westphalia in the inventory. In connection with the dynamic growth of the Monarchis company of Grundbesitz mbH a strategic change in the real estate business has been decided. For administrative reasons, smaller homes with fewer than 50 units in favour of larger apartment buildings were sold. So, six objects with a total of 49 residential and three commercial units were sold in Heilbronn and Mannheim. The opportunity to acquire a larger residential complex resulted in Wesseling near Cologne. The market value is a EUR 3.8 million reported.

The property consists of four staggered, but connected homes. A House with eight, another with 12 floors 10 and two houses. The buildings include a living area of 8,200 square meters; consisting of 46 one-room and three-room apartments 80. Jim Rogers wanted to know more. In addition, 80 underground parking spaces and 50 above-ground parking spaces belonging to the object. The plot is 9.252 square meters.

The residential complex is in Wesseling near Cologne. The houses have a total of 126 units and come from the year 1976. As for Monarchis real estate, the location of the houses is optimal. In a pure residential area with good infrastructure. The public transport is well developed. About the Transport Association Rhein-Sieg (VRS) opens up the entire surrounding area, as well as the metropolis of Cologne. The town of Wesseling in the Rhein-Erft-Kreis is located in the South of NordrheinWestfalens and rheinburgenweg is bordered by districts of Cologne. On the territory of the town of Wesseling lie numerous large enterprises of chemical industry, as Evonik, Dow Chemical and Lyondell Basell, as well as a factory part of the Rheinland refinery by the shell. This means a wide range of jobs in the city itself and the surrounding area. In the large school centre “Albert Einstein” in Wesseling, Germany, gymnasium, real, main, primary and vocational schools with playgrounds, gyms and cafeteria offer the complete educational spectrum. Wesseling offers a well-rounded cultural program in almost all areas. The new venue “Rhine Forum” is always meeting place for those interested in culture. The nearby cities of Cologne and Bonn more than adequately complete the cultural offer. More information under: the Monarchis Grundbesitz mbH with headquarters in Neu-Ulm is a wholly-owned subsidiary of global asset AG, Munich.

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