P&P Group
07.03.2024 - 09:46:07P&P Group sells finca on Mallorca on the beautiful natural beach of Es Trenc
| Issuer: P&P Group / Key word(s): Real Estate/Disposal P&P Group sells finca on Mallorca on the beautiful natural beach of Es Trenc 07.03.2024 / 09:46 CET/CEST The issuer is solely responsible for the content of this announcement. Fürth, March 07, 2024 - The Spanish subsidiary of the P&P Group has so another project in the south of Mallorca following a successful repositioning. The villa, located directly on the natural beach of Es Trenc, has been renovated over the past two years and designed for permanent vacation rentals. In addition to the core business in affordable multi-storey residential construction, properties in the high-end segment in Munich, London and Mallorca have been successively acquired in recent years in order to further diversify the real estate portfolio. The general market distortions are much less noticeable in the premium segment, which is why transactions are still economically very interesting at the present time. Another modern villa in Son Vida, Mallorca, is currently being renovated - the official marketing process is expected to start in May 2024. About P&P Group: For nearly three decades, the P&P Group has been actively involved in the development, revitalization, and marketing of residential projects and commercial properties. Serving as an initiator, investor, and asset manager, P&P comprehensively covers all aspects of the value chain. With a cumulative transaction volume surpassing £2.8 billion and a current workforce of approximately 130 employees, P&P has established itself as a key player in the industry. The core strengths of the group lie in the development of new structures and the restoration and modernization of historically significant buildings. Press contact: Luzia Winkler Isaak-Loewi-Straße 11 90763 Fürth Telefon: +49 (0)911 – 766 06 146 Mail: l.winkler@pp-group.com Wolfgang Ludwig Mathias-Brüggen-Straße 124 50829 Köln Telefon: +49 (0)221 – 292 19 282 Mail: mail@ludwig-km.de Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
