Others who were also present at the event included the executive civil engineering contractor GFS (German Fiber Solution) and the project investors, Primevest Capital Partners and MEAG, the asset managers of Munich Re and ERGO. Through their joint venture Open German Fiber, Primevest Capital Partners, MEAG and Ärzteversorgung Westfalen-Lippe are constructing local fiber-optic networks in under-served regions in Germany.
“We are not only investing in fibre-optic networks as such, but particularly in the infrastructure that is essential for the digital future”. “Together with Yplay, we want to launch more projects in the Wetterau area and the Main-Kinzig district in the coming months, thus rolling out a network across the entire expanse of the region”, explains Klaus Leckelt, Senior Acquisitions Manager of Primevest Capital Partners.
“We are very happy to have Yplay as a great local partner and we are proud to invest in a sustainable infrastructure that will boost Germany’s social, economic and digital development,” say Felix Kreppel and David Pecher, Investment Managers at MEAG. When installation begins in the various sub-areas, the residents of Neuberg still have the opportunity to have a connection to their homes installed free of charge. Once work has begun, Yplay can only restrospectively make a connection available for an amount of at least €1,500.
“All residents of Neuberg can now make good use of the opportunity to ensure a free fibre-optic connection. This is a once-in-a-lifetime opportunity. I look forward to a successful collaboration with Yplay and the civil engineering contractor and thank the investors who gave me an exciting glimpse behind the scenes”, said Neuberg’s Mayor Jörn Schachtner in closing.
Contact details of the contractor (German Fiber Solution) and the current state of the entire installation will soon be available on www.yplay.de/neuberg. Orders can also be placed online via this link.
About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specializes 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 realizing sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energized by the current trend of urbanization 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 around 70 professionals manage more than €3 billion in real assets across 12 European countries 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. The complementary brands joined forces in 2021 to grow their market position, network and to strengthen each other. Through this, we are able to provide a sustainable financial future to a larger and more diverse client base. The group initiated a total of over 60 funds, of which 28 are currently active. 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