Nexum Group Acquires Residential Property Project in Munich

• Nexum Group signed a purchase agreement on Nov. 3, 2026, for a residential real estate project in Munich's Maxvorstadt district.
• Total investment is approximately EUR 20 million. The acquisition was completed at a significant discount to the standard land value.
• Plans include renovating the existing building, adding a rooftop floor and constructing a rear-courtyard building.
• The project near the Technical University of Munich will provide approximately 2,800 square meters of gross floor area.
• A preliminary building permit has been granted. The building application has already been submitted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexum Group AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2427728_en) on November 03, 2026, and is solely responsible for the information contained therein.