Investment manager Primevest Capital Partners has recently started on the combined construction of the extensive fibre optic expansions. The new FttC links will be built by GFS and leased by PCIF to its telecom operating partner Novanetz.
The first sub-areas in Wermelskirchen and a further construction phase in Burscheid will receive the fibre optics straight into the home. In Wermelskirchen construction work will start in the following areas: Burscheid Hilgen-Nordteil as well as Wermelskirchen Unterstraße, Bechhausen and Löh. Large parts of Leichlingen and Burscheid-Ösinghausen have already been connected and the network will now be expanded via Kuhle to Burscheid Hilgen and Wermelskirchen Unterstrasse. This marks the start of the next phase towards a large-scale fibre optic supply network in both cities.
A sustainable supply network is being created here, which already covers all future requirements for broadband requirements and applications. Although the current internet speed on the outdated copper technology is still sufficient, the new network is highly relevant for the robustness of connections (home schooling, home office, numerous video and cloud applications) and, last but not least, with regard to real estate evaluation in the event of a sale or a change of generation. The quota achievement – usually of 40% for the construction of an area – includes the product contracts entered into, which then ensure realisation of the free home connection for the owner.
Furthermore, it is the first time that the prospect of a comprehensive fibre optic network enables the cities of Wermelskirchen and Burscheid to consider many new opportunities to focus on a ‘Smart City’ and to tackle the implementation of several digital community aspects.
Klaus Leckelt, Senior Acquisitions Manager at Primevest CP, said: “Primevest is investing across extensive areas in Wermelskirchen and Burscheid to enable delivery of a future-proof and modern fibre optic network. Our investment, combined with a short construction lead time contracted via Novanetz, means that these areas will shortly benefit from a modernised network. Via the modern fibre optic network, inhabitants of all generations can participate in public life via video conferencing, TV on Demand, telemedicine applications, etc.”
We are approaching all residents who are interested in a fibre optics connection and want to make their homes fit for the future. Applications for the free fibre optic connection can still be submitted. Further information and documents can be requested from info@novanetz.de or www.novanetz.de
Primevest Capital Partners is a pan-European investment boutique that specialises in investments in innovative real assets. At Primevest Capital Partners, our vision is to help our clients to provide for their sustainable financial future by investing in the future of our cities in realising sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energised by the current trend of urbanisation and the ability to fulfil the needs of modern metropolitan communities, while enhancing the quality and sustainability of people’s lives.
About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specialises in investments in innovative real assets. At Primevest Capital Partners, our vision is to help our clients to provide for their sustainable financial future by investing in the future of our cities in realising sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energised by the current trend of urbanisation and the ability to fulfil the needs of modern metropolitan communities, while enhancing the quality and sustainability of people’s lives.
From our offices in Utrecht, Eindhoven and Berlin, a team of 70 professionals manage €2.8 billion in assets including sector-focused funds, individual institutional mandates and a number of funds targeting private investors as well as family offices following acquisition of the Holland Immo Group. Primevest Capital Partners is part of Primevest Capital Partners Holding B.V.
For more information, please contact:
Primevest Capital Partners
Lisette van der Ham
Head of Marketing & Corporate Communications
T: +31 6 832 005 61
lisette.vanderham@primevestcp.com
www.primevestcp.com
About novanetz
Novanetz is an internet provider who specializes in fibre optic products for fibre optic networks to the home. The company offers high-speed internet products that exploit the enormous potential of new fibre optic technology – with modern, state-of-the-art download and upload speeds that conventional technologies such as cable networks or VDSL cannot offer. Together with its partners, novanetz makes an active contribution to the federal government’s broadband objective by supplying regions not yet connected to a fibre optic network with fibre optic connections straight into the home. When setting up and operating the fibre optic infrastructure, novanetz works with partners like local energy suppliers, construction companies and municipalities.
Press Contact Novanetz GmbH & Co. KG
Dennis Kornehl
Tel.: +49(0) 511 9999 8035
E-Mail: presse@novanetz.de
Web: www.novanetz.de
About GFS
GFS has a technically competent team with 20 years’ worth of experience in the field of fibre optic network expansion. From the start of privatisation in the telecommunications sector, GFS has supervised all relevant expansion projects in Germany. GFS offers a high-quality service portfolio from the planning stage, through its implementation to its documentation. Thanks to many years’ worth of experience, GFS has not only successfully completed projects as a general contractor and maintained close relationships with other telecommunications companies, it also knows what is important when it comes to the turnkey handover of projects and networks.