Investment in Schlossallee Bickenbach Strengthens Our Client’s Security

Investment in Schlossallee Bickenbach Strengthens Our Client’s Security

Our goal at London European Securities is to always ensure investments made by our High-net-worth and Sophisticated investors are safe, secure and provide a high fixed-rate of return.

We are continually developing ways to optimise and improve our client’s investment and service experience, and so we are very excited to announce our investment and shareholding in the Schlossallee Bickenbach project south of Frankfurt in Germany.

The 2-year, 43m euro project includes the construction of 74 residential apartments, 3 retail units and 175 automated car parking spaces in the commuter town of Bickenbach situated in the Odenwald mountains. The work is being carried out by one of Germany’s biggest contractors Zublin, and is funded by Deutschehypo.

Our involvement delivers a significant increase to the security we provide to our UK and European investors by adding considerable security value to our balance sheet. It also underlines our commitment to investing in profitable projects throughout the UK and Western Europe, enhancing the investment opportunities we can offer our clients in Euros, Dollars and Sterling.

London European Securities Fund Manager Martin Young said “Whilst we only provide secured commercial lending in the UK, our investment in high quality European real estate developments gives us strong European assets to add to our growing real estate portfolio and asset base”.

The project’s Managing Director and London European Securities shareholder Hartmut Petersmann commented, “This project is an excellent way for us to continue to give our client’s the safety and security their investment demands as well as increasing the awareness of LES to the German market, particularly as we are working on the project alongside some of Germany’s most respected corporations.”