Fundament Real Estate (FUND) ICO Details & Financial Information

The daycare project is being implemented in the Stellingen district of the Hanseatic City of Hamburg. Two new buildings will be built on the property on Kieler Str.. The daycare areas cover a total area of approx. 970 m² and extend over both the front and the back building. The two new apartments will be built on the 3rd floor of the front building and will cover approx. 270 m². The completion and takeover is planned for end of 2020.

With a 20-year lease agreement, KMK Hamburg will become the tenant and operator. With more than 20 locations in Hamburg's most popular and demanded residential areas and several more daycare centres in the pipeline, KMK is the the largest private providers of daycare facilities in the Hanseatic city.