CFI FAIRPAY AG extends its commitment in the real estate sector
Frankfurt am Main, 12.11.2009. With its stake in Quartier etc. GmbH, CFI FAIRPAY AG is extending its
commitment in the real estate sector. The Quartier etc. GmbH is investing over ten million euros in its
current project – the construction of a residential complex with a central location close to the university,
housing 181 units in Frankfurt Bockenheim. WGZ Bank from Düsseldorf is the financing partner.
With the construction of the residential development, Quartier etc. GmbH is addressing the growing
demand for high-quality, affordable housing in Frankfurt. “Small homes in particular are in great demand;
both by individuals and students and by companies, who need to provide accommodation for their
project staff”, explains Ari Bizimis, chairperson of CFI FAIRPAY AG.
The fully furnished micro-apartments measure 23 sq m on average and include an integrated living and
sleeping area with a kitchenette, as well as a bathroom. They also come with a balcony or roof terrace.
Car parking spaces and enclosed cellars can also be leased.
Ari Bizimis adds: “Following on the from the success of the student residence in Giessen, we are thrilled
to be able to realise such an exciting project in Frankfurt. The daily enquiries for the apartments confirm
that we are working in the right segment.”
Construction on the “QUARTIER et_ce_te_ra” residential development has already begun and is due to
be completed in time for the start of the 2010/11 winter semester. During planning, priority was given to
ecological construction – the development meets the strict criteria of the KfW Efficiency House 55
standard. Once completed, the project will be sold to an investor.
Quartier etc. GmbH was founded by CFI FAIRPAY AG with its headquarters in Frankfurt am Main and
Domus Vivendi GmbH & Co. KG, which is based in Königstein.
Both companies have experience in the capital and real estate market and thus provide an ideal
foundation for the development of forward-looking real estate projects.
Prospective tenants can find out more by calling 0800 28282828 or by visiting www.microliving.de.
Company profile:
CFI FAIRPAY AG is a financial service provider with the pillars of secondary market life insurance,
securities trading bank and real estate.
The company buys, sells and lends life insurance on the secondary market and is also commissioned
to manage existing policy portfolios for clients.
The 100% subsidiary Mercurius Handelsbank GmbH sees the corporation provide capital market
solutions in addition to institutional assets in life insurance portfolios.
Furthermore, CFI FAIRPAY AG develops real estate projects with a focus on micro-apartments/student
accommodation.