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Nexum Group to Buy German Residential Real Estate Project

MT Newswires·11/03/2026 23:56:14
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11:56 PM EST, 11/03/2026 (MT Newswires) -- Nexum Group (NXM.F) agreed to purchase a residential real estate project in Munich, Germany, at a significant discount to the standard land value. The digital small- and medium-sized enterprise financing company plans to renovate the existing building, extend the roof with a new floor, and develop a new rear courtyard building, according to a Tuesday release. A preliminary building permit has already been issued. Nexum Group said that the total investment for the project is valued at 20 million euros.