The loan brings Bergson’s series of loans to Semodu to a total of seven. The facility allows Semodu, a long-standing client of Bergson’s, to acquire a strategic development project in Baden-Wuerttemberg. Bergson acted as sole lender.

'We continue to believe that sustainable (urban) real estate development based on serial-modular technology will be a key driver of change in our industry,' said Bergson founder Fabian Godbersen. 'We are convinced that Semodu will play an important role in this segment with its innovative approach whilst promoting the use of green technologies & sustainable materials.'

Bergson focuses on value-add & opportunistic investments across real estate asset classes, local markets & the capital structure.

Semodu was founded in 2017 with the idea of applying the automobile industry’s serial & modular manufacturing concept to homebuilding. As of 1 August, Semodu is listed in the general over-the-counter segment of the Munich Stock Exchange, writing a new chapter in the company’s history.

The initial trading price was set at €6.50. The listing is expected to help Semodu to sustainably consolidate and further expand its market position.

'We are looking to provide future housing solutions addressing both, affordability and holistic ecological considerations,' said Semodu’s founder Talmon l’Armée. 'We’re very pleased to have again teamed up with Bergson in this important transaction & we’re looking forward to continuing our partnership.'