GREY:DUNDF - Post by User
Post by
electricsocketson Sep 18, 2016 8:29pm
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Post# 25250342
Dream Global REIT is at it again!
Dream Global REIT is at it again! https://www.thomas-daily.de/en/news/item/id/48910/t/Kiel-Dream-Global-prepares-Post-site-for-800-apartments-;jsessionid=248EA3178BEA9B24A62817F71AF9C79A
THOMAS DAILY News
Kiel: Dream Global prepares Post site for 800 apartments
15/09/16
Dream Global REIT from Canada is preparing the redevelopment of another inner-city area, which it acquired as part of the Deutsche Post portfolio 2011: 600 to 800 apartments are to be built on the 5-hectare Posthof site in the Gaarden district of Kiel. A concept created by Planquadrat, which is currently being presented to the local advisory council, includes a five to seven-story building and also a 15-storey building. Although local politicians unanimously welcomed the plans for the residential buildings, the high-rise proposal was received with scepticism. The lease with the Post on the site between Werftstrae, Karlstal and Schulstrae continues until mid 2018.