Gewoba buys a dilapidated high-rise building in Tenever - financial expert sees positive development
According to a report from www.weser-kurier.de, the predominantly city-owned housing company Gewoba recently bought a dilapidated high-rise building with 93 tenants in Tenever and is now planning a comprehensive renovation of the building. The high-rise previously belonged to the Zentral Boden Immobilien Group (ZBI) from Erlangen, whose greed for profit apparently took precedence over maintenance measures. The tenants had to contend with numerous problems, including broken elevators, litter, mold and heating failures. Gewoba has a lot of experience in the district. Gewoba is now supposed to renovate the dilapidated high-rise and make investments in the property. The city is supporting this investment with financial support to ensure that rents remain capped and the quality of life...

Gewoba buys a dilapidated high-rise building in Tenever - financial expert sees positive development
According to a report by www.weser-kurier.de,
The predominantly city-owned housing company Gewoba recently bought a dilapidated high-rise building with 93 tenants in Tenever and is now planning a comprehensive renovation of the building. The high-rise previously belonged to the Zentral Boden Immobilien Group (ZBI) from Erlangen, whose greed for profit apparently took precedence over maintenance measures. The tenants had to contend with numerous problems, including broken elevators, litter, mold and heating failures.
Gewoba has a lot of experience in the district
Gewoba is now supposed to renovate the dilapidated high-rise building and make investments in the property. The city supports this investment with financial support to ensure that rents remain capped and the quality of life of residents is improved. Neighborhood manager Katrin Höpker is optimistic and believes that the residents' quality of life will increase as a result of the change in ownership.
Due to Gewoba's community-oriented ownership structure and its experience in modernizing problem-plagued properties in Tenever, it is expected that conditions for residents will improve. This change of ownership could also send an important signal beyond the Tenever district and show what an ownership structure oriented towards the common good can achieve.
It remains to be hoped that the planned renovations and investments will lead to a lasting improvement in living conditions in Tenever and offer residents a better quality of life.
Read the source article at www.weser-kurier.de