Developer
APPC Beteiligungs-GmbH is part of the Treuenburg Group, an owner-managed real estate company based in Erfurt, the capital of Thuringia. The company has been investing in leveraged real estate for over a decade and since 2015 has also offered international investors the opportunity to invest in Central Germany. The issuer is extremely specialized in real estate investments in Central Germany, which is the company's major unique selling point. The portfolio consists of residential, commercial and retail properties in Central Germany. The Treuenburg Group currently manages over 100 million euros in German real estate assets.
Macro location Thuringia
Thuringia's engine of growth has for years been manufacturing, whose gross value added has more than quadrupled since 1991. The share of manufacturing in Thuringia's economic output is above the national average.
Central location in Germany and Europe
Thuringia is perfectly connected in terms of transport. Erfurt in particular is therefore a popular venue for conferences. Since 2017, the Thuringian capital has been part of the new ICE route Berlin - Erfurt - Munich, making it Germany's most important hub for long-distance trains. Further multi-million investments in the local infrastructure are being made in the course of the Federal Garden Show, which is coming to Erfurt in 2021.
Erfurt: The heart of Thuringia
Erfurt is the most important economic centre of Thuringia. Bosch, Siemens, Audi, Deutsche Bahn, BMW, Zalando, DHL - companies with illustrious names have settled in the state capital. In addition to the excellent geographical location, the venerable University of Erfurt and the University of Applied Sciences Erfurt are an important location factor for the region.
Economy and Education
Besides Erfurt, larger companies are located in Jena (Zeiss, Jenoptik, Schott) and Eisenach (Opel, Bosch). Important locations for education and research in the Free State are Jena with the fourth largest university in the new federal states, Erfurt and Ilmenau with its Technical University.
Location
Sömmerda lies less than 30 kilometres north-east of Erfurt in the district of the same name. With approx. 19,000 inhabitants, the small town is a medium-sized centre of the region. The property is perfectly connected in terms of infrastructure and is located in the immediate vicinity of the bus station and railway station (5 km to the motorway). All necessary facilities for everyday life can be found in Sömmerda: Schools, kindergartens, pharmacies, shops, doctors as well as leisure and local recreation facilities. The average purchasing power is 41,230 € per household.