The Swedish property company Akelius has paid a price equivalent to 23.7 times the annual net rent for an apartment complex in Hamburg containing 24 units. The complex consists of three residential houses in Hamm district and was sold by a private group of owners.
The complex is sited between Hammer Landstrasse and Eiffestrasse. Spread over four stories, the total living space amounts to some 1,420 m² and the apartments are between 41 and 76 m² in size.
Grossmann & Berger, member of German Property Partners
(GPP), acted as broker for this apartment complex in Hamburg.