Dresden is popular—and not only with the younger generation. More and more older people are moving to the city because they now also have the time to explore the rich culture and natural beauty of the Elbe Valley.

At the Palaisplatz, right in the historic baroque district of Dresden Neustadt, the CG Group is currently developing an elegant housing complex. New and modern buildings are being constructed next to the listed Brandversicherungsanstalt (fire insurance institution), the façades of which will blend in perfectly with the baroque neighbourhood.

Project data and key figures
Project details
Sales volume (GDV): 69,785,000 EUR
Area for rent/sale: 14,782 m²
Car parking spaces: 205
Construction period: June 2018 to June 2021
Year of construction: 2021
Object condition: First time use
Major Energy Carrier: district heating
Object type: residential
Area: 14,981 m²
Units: 191
Description: 2- to 5-room
(Status as of Aug 21, 2018)
Image Gallery
Current status rental and sale
Current state
Planning phase
Building pit
Building shell
Ready for occupancy
Current state letting

The letting starts in the raw construction phase.

Current state letting
0 from 191 units are rented
Current state sale

The object will be sold turnkey and fully leased to a capital investment company (Versorgungskasse).

Current state sale
0 from 191 units are sold
Property specification - Micro environment / Macro environment


Dresden has approximately 550,000 inhabitants. In terms of population, it is the twelfth largest city in Germany and, just after the slightly more populous city of Leipzig, is the second largest city in the state. As the state capital of Saxony, Dresden is the political and cultural centre as well as the main traffic hub in the metropolitan area of Dresden, which is considered one of the most economically dynamic regions in the Federal Republic.

Within Saxony, Dresden represents an important economic and scientific centre and is home to numerous research institutes (Fraunhofer Society, Max Planck Society, etc.) as well as many well-known companies in the fields of microelectronics, information technology, biotechnology and electrical engineering.

However, the city is also of considerable cultural importance—from 2004 to 2009, it was registered as a UNESCO World Heritage Site. In addition to its numerous art collections, historically significant buildings from a variety of eras count themselves among the city's attractions.

Macro environment area: 328 km²
Macro environment population: 550,000
Macro environment population density: 1,634 Einwohner je km²
Macro environment unemployment rate: 6.1 %
Macro environment purchase power index: 81.2

Innere Neustadt

The Innere Neustadt neighbourhood lies opposite Dresden’s inner Old Town area and is connected to the southern riverbank by four bridges. The roads over these bridges run through Innere Neustadt in the direction of Albertplatz where they join many other important roads. As it lies within the Dresden’s town fortress, the neighbourhood is deemed a historic new part of the city. The restaurant and retail industries are most prevalent here, though the area is home to many other locally and culturally significant buildings such as the Erich Kästner Museum, the Japanese Palace, the Museum of Ethnology, the Jägerhof and the Jazzclub Tonne.

Micro environment area: 18.00 km²
Micro environment population: 7,191
Micro environment population density: 4,000 Einwohner je km²
Micro environment purchase power index: 80.7
Property environment
Distance to city centre: 1.8 km
Distance to railway station: 0.5 km
Distance to motorway: 3.4 km
Distance to nursery: 0.8 km
Distance to local public transport: 0.2 km
Distance to school: 0.5 km
Construction specifications

Integration of a newly constructed building into the baroque area of Dresden’s Old Town, providing the historically baroque typology with a top-quality appearance, while staying contextually true by drawing on baroque design elements.

Contact Persons

Ulf Graichen

Contact Details

CG Gruppe AG
Schweriner STr. 1
01067 Dresden

Any Questions?

Call us: +49 (0)351 65 29 68 - 0

Letting: +49 (0)351 65 29 68 - 19

free flats
Here you will find a new rental apartment.
discover now