Real estate company buys apartment block in Fuhlsbüttel
Deal
| Hamburg-Fuhlsbüttel
19.05.2016
A private real estate company from Ahrensburg has acquired a combined apartment and commercial building in Hamburg-Fuhlsbüttel for a price of 16.5 times the annual net rent ex services.
The building was sold by another private investor, the residential investment transaction in Hamburg was brokered by Grossmann & Berger.
The residential and commercial building was built of red brick in the 1950s and is divided into twelve units with a total living and commercially usable area of about 814 m².
The building was sold by another private investor, the residential investment transaction in Hamburg was brokered by Grossmann & Berger.
The residential and commercial building was built of red brick in the 1950s and is divided into twelve units with a total living and commercially usable area of about 814 m².
