Profil:
Erbud SAConsortium with Erbud builder's subsidiary inks EUR 21.95 mln contract for student housing
A consortium including MOD21, a subsidiary of listed builder Erbud, and Wolf Müller has signed a contract for the development of student housing in Germany worth EUR 21.95 million, Erbud said in a market filing.
The contract relates to the design and construction of the 'Student housing - extension of Aldi shop in Mannheim-Neuostheim, 4-storey building' investment.
The value of the entire contract is EUR 21.95 million, and the contract value attributable to MOD21 GmbH is EUR 10.05 mln.
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