Financial expert: SWD is creating affordable living space in Wersten with its latest new building project

Financial expert: SWD is creating affordable living space in Wersten with its latest new building project

According to a report by rp-online.de, the municipal housing subsidiary SWD has completed a new building project in Wersten and created affordable, publicly subsidized housing. This project includes 21 apartments, the rent for which is between seven and 7.80 euros per square meter, depending on the funding route. Construction on the project began in summer 2022, and the first tenants will move in this November. The project includes over 1,300 square meters of living space and was realized for around 5.6 million euros. What is interesting is that in this project the SWD used a roof area for intensive green roofing for the first time.

This development has some interesting implications for the real estate market. First of all, creating affordable housing for lower-income people promotes social mix in the neighborhood. This can lead to a positive development of the district in the long term, as different population groups live together.

In addition, the use of the roof area for intensive green roofs sets an example for sustainable construction and environmental protection. This could have a positive impact on the company's image and also encourage other builders to take similar measures.

Overall, this new building project not only contributes to the creation of living space, but also has a positive impact on the social structure and environmental awareness in the region.

Consequently, it is to be expected that similar projects will be increasingly undertaken in the future in order to meet the increasing need for affordable housing while at the same time assuming social and ecological responsibility. This could lead to a positive development of the real estate market in the long term.