6B47 Real Estate Investors AG has set numerous other milestones in Germany, Poland and Austria in the last few months. Acquisitions and sales secure the chosen investment strategy, the board was successfully filled and this November we submitted the entire Althan quarter to the authorities. The current development volume is 1.7 billion euros.
That means: 6B47 is determined to continue its success story. We invest in sustainably good locations and develop innovative products and projects. With Kai-Uwe Ludwig, who moved up to the board after Peter Ulm left, a representative of our important international market Germany is now also represented on the group board. As before, the new management consists of three board members, the distribution of tasks remains almost unchanged: Fritz Gruber is responsible for project development in Austria, Kai-Uwe Ludwig for project development in Germany, my responsibilities continue to include finance agendas and AG areas such as law, Marketing and communication. In this respect, I am also the spokesman for AG agendas, although all three board members are equal.
The past has proven that with our intelligent combination of stability and security with flexibility and innovation we develop outstanding projects that create added value for both investors and users. We are regularly happy to receive confirmations of our professional and high-quality performance through awards such as this year the German Housing Prize 2019 for the InTower, the SO! APART Award for PhilsPlace and the Real Estate Brand Award 2019. In addition to implementing current developments, we are currently securing through intensive acquisition our pipeline for further successful projects.
We are therefore looking forward to a successful 2020. Because if you sow in time, you can also harvest. We do both.
You can also follow our news and press releases from time to time: On our website: www.6b47.com/en/press-releases.html