Grossmann & Berger brokers rental apartment buildings in Hamburg

Transactions in the residential investment / rental apartments sector


Deal | Hamburg
14.05.2019


Grossmann & Berger, a member of German Property Partners (GPP) has acted for parties in the sale of two rental apartment buildings in Hamburg.
 
Hamburg-based property services provider G & B brokered the sale of a multi-family house in Harburg that was built in 1982. Located in the Phoenix quarter of the district, the property has 12 dwelling units and total living space of some 900 m². This deal between private investors saw the building change hands at a price 23.6 times higher than the annual rent.
 
In Hamburg-Marienthal, between Gustav-Adolf-Strasse and Schimmelmannstrasse, a multi-family unit was sold with professional support from Grossmann & Berger. A community of heirs sold the red brick house, which offers 500 m² of leasable space and stands on 1,085 m² of land. Built in the 1930s, the house has 8 dwelling units and its sale was brokered to private investors for 25.1 times the annual rental income.

Press contact

Visitenkarte
Corinna Fühner


Bleichenbrücke 9
20354 Hamburg

c.fuehner@grossmann-berger.de

040-350 802 588
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