Readcrest Capital and KFK Holding to develop 1,000 Residential Units in Fürstenwalde near Berlin

EQS-News: Readcrest Capital AG / Key word(s): Real Estate/Joint Venture Readcrest Capital and KFK Holding to develop 1,000 Residential Units in Fürstenwalde near Berlin 22.04.2026 / 17:45 CET/CEST The issuer is solely responsible for the content of this announcement. Readcrest Capital and KFK Holding to develop 1,000 Residential Units in Fürstenwalde near Berlin

Hamburg, April 22, 2026 – Readcrest Capital AG ("Company", DE000A0LE3J1; WKN A0LE3J) is acquiring a site of approximately 60,000 sqm in Fürstenwalde/Spree near Berlin, where it plans to develop a multigenerational neighbourhood with up to 1,000 apartments, combining modern living space with historical heritage. The parties have agreed not to disclose the purchase price.

Housing for all generations

The planned project is built around the concept of affordable multigenerational living: an inclusive environment for young families, singles and seniors. Through a mix of apartment types and barrier-free offerings, the neighbourhood responds to the growing demand for flexible and affordable housing in the Berlin-Brandenburg region.

Close to major employers

A key advantage of the site is its strong connectivity: the nearby regional rail station provides access to central Berlin in around 30 minutes. At the same time, the location offers Berliners a park-like living environment, while keeping commute times short for employees of companies such as Tesla or Daiwa House Modular Europe.

"With this project, we aim not only to create new housing, which is known to be urgently needed, but also to preserve and revitalise a piece of urban history," says Rolf Elgeti, CEO of Readcrest Capital AG. "Our goal is to create a neighbourhood that connects generations, preserves history and tangibly enriches Fürstenwalde."

Added value for Fürstenwalde

The project brings significant added value to Fürstenwalde: construction activity and new residents will strengthen local retail, hospitality and services, while the redevelopment of the site will sustainably improve the townscape and enhance the overall appeal of the city.