11:56 PM EST, 11/03/2026 (MT Newswires) -- Nexum Group (NXM.F) agreed to purchase a residential real estate project in Munich, Germany, at a significant discount to the standard land value. The digital small- and medium-sized enterprise financing company plans to renovate the existing building, extend the roof with a new floor, and develop a new rear courtyard building, according to a Tuesday release. A preliminary building permit has already been issued. Nexum Group said that the total investment for the project is valued at 20 million euros.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.