Ritter & Kyburz GbR

Ritter & Kyburz GbR

The insolvency proceedings for the real estate project company Ritter & Kyburz GbR were
the talk of the Kempten region in southern Germany. The property is known as the “Big Hole”
there since the construction project had come to a standstill for several years after the
excavation work had been completed and parts of the underground garage had been built.
The underground garage has since been completed. The PLUTA team was able to sell the
property with a plot measuring 2,031 square metres. The buyer is a bidder consortium from
southern Germany that prevailed in the two-stage bidding process and won the tender as the
highest bidder. The property is situated in a prime location in Kempten. Student apartments
will be built there. With more than 6,000 students, Kempten is an ideal place for such a
project.