Nexum Group Debuts on Frankfurt Stock Exchange

Nexum Group AG, a residential real estate developer, has successfully commenced trading on the Regulated Market of the Frankfurt Stock Exchange. Listed under WKN A41YGA and ISIN DE000A41YGA6, the company plans to upgrade to the Prime Standard. Nexum's vertically integrated business model involves acquisition, development, and sale of residential properties in Germany’s top-7 cities, emphasizing projects with existing building permits to reduce risks.

The company highlights a development pipeline exceeding one billion euros and aims for an annual project development volume over 500 million euros. This approach potentially offers high cash flow and planning certainty. CEO Philipp von Erffa notes the milestone as a significant step for the company, enabling quicker scale-up due to direct capital market access.

Nexum's strategy involves technology-driven processes to expedite project reviews and execution, collaborating with general contractors and leveraging its sales channels for marketing. With short project durations of 15 to 30 months, the company aims for high turnover rates and attractive returns.