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Financial expert explains: Real estate market in the city center is on the rise due to renovations and new acquisitions - Analysis 2022
While Europaplatz is being converted into the new central bus station (ZOB) and the Westland building, which has been vacant for decades, has still not been demolished, those responsible at the town hall are pleased to have another property in the immediate area completely back in their portfolio. It is a six-story office and commercial building and a five-story parking garage. The property is almost 800 square meters. According to a report from rp-online.de, As an expert in the real estate market, it is important to follow current developments in the industry. Securing another property in the immediate vicinity of the Central Bus Station (ZOB) in Mönchengladbach is a significant...
Financial expert explains: Real estate market in the city center is on the rise due to renovations and new acquisitions - Analysis 2022
While Europaplatz is being converted into the new central bus station (ZOB) and the Westland building, which has been vacant for decades, has still not been demolished, those responsible at the town hall are pleased to have another property in the immediate area completely back in their portfolio. It is a six-story office and commercial building and a five-story parking garage. The property is almost 800 square meters.
According to a report by rp-online.de,
As an expert in the real estate market, it is important to follow current developments in the industry. Securing another property in the immediate vicinity of the Central Bus Station (ZOB) in Mönchengladbach is a significant event. The fact that it is a six-story office and commercial building and a five-story parking garage on an 800 square meter site shows the potential of this investment.
Securing this property by those responsible in the town hall could have a positive impact on the real estate market in Mönchengladbach. The development of the area around the ZOB and the potential use of this property could lead to an increase in property values in the area. This could also attract investors interested in developing commercial and office space in this area.
It remains to be seen how the city will use and develop the property, but this security points to exciting developments in Mönchengladbach. As a real estate expert, I will closely monitor further developments in this area to analyze potential impacts on the market and the industry.
Read the source article at rp-online.de