bauverein AG tackles further new builds: construction begins on 42 flats in the Fritz-Dächert-Siedlung, 114 condominiums in Goethestrasse and 24 condominiums with underground car park in Holzhofallee in Darmstadt.

Laying of the foundation stone for the construction of the townhouse on Mathildenhöhe (Pützerstraße) as a property development business with nine residential units and a catering unit.

Restructuring of property management: All commercial letting activities will be integrated into bvd Gewerbe GmbH. The management of condominium owners' associations and the business units divided into condominiums will be transferred to HEAG Wohnbau GmbH.

bauverein AG, the company commissioned with the construction, celebrates the topping-out ceremony of the darmstadtium science and congress centre with the clients (Darmstadt City of Science, Darmstadt Technical University and the State of Hesse).

A new day-care centre in Rubinweg in Darmstadt is built and handed over to the city of Darmstadt.

bauverein AG is a founding member of the European network "EURHONET" (European Housing Network) with 19 housing associations from France, Italy, Sweden and Germany.

For the fourth time, bauverein AG is awarded the "Hessenhaus" certificate - a seal of quality for innovative concepts in cost- and energy-saving construction - by Economics Minister Dr Alois Rhiel and VdW südwest board spokesman Dr Rudolf Ridinger for the new construction project of four apartment buildings for "young and old" with flats for young families and disabled-friendly flats for older people in need of care in Beyerweg and Ettesterstrasse.

For the first time, bauverein AG is taking part in the "Private Art" campaign launched by the Hessian Ministry of Economics in the summer of 2005 and is presenting the art objects, mosaics and murals on residential buildings and green spaces of bauverein AG to interested participants in several tours.