Looking further ahead
The market for available housing throughout Germany is limited and stretched, we are aware of this. For this reason, in the mid to long-term, we would like to construct our own housing based on the “Lemgo model” of student accommodation constructed in Lemgo. We would like to implement this model, with its ultra-modern houses and single or double apartments with equally modern furnishings, in the municipalities around our sites.
The new apartments are planned for one or two persons. The double apartments are around 27 m2. The single apartments are around 16 m2. Each has its own bathroom and a kitchenette and is fully furnished with electrical appliances. There are also communal rooms in each house for all tenants, which, depending on the arrangement, are equipped with table football or other leisure facilities, as well as laundry facilities and a cellar. Weekly cleaning of the communal areas and property management services are also included.
To implement the new build plans quickly, we are currently in constructive talks with several municipalities in the region. As soon as appropriate building land is available, the building application can be submitted within 14 days.
The new accommodation will also bring some relief to the local housing market. The location must be near to supermarkets, leisure activities and to the workplace.
Ground plan for Lemgo Model
Our next goals
Overcrowded, cramped accommodation that does not meet any standards should be a thing of the past. We want our employees to feel comfortable in their homes. For this reason, we will press on further with the overplanning and renovations of the existing accommodation and gradually establish the standards. It is also important to us that we rectify the occupancy as best as we can so that fewer people live together in one accommodation unit.
To enable us to guarantee this, we constantly need new rental apartments and sale properties. We are also pressing on with the plans for potential new builds. We also hope to hold constructive talks with the landlords of the accommodation rented privately by our employees in order to implement the same standards as in the accommodation provided by ourselves.