| Aquisition Date/Sale Date | August 15, 2017 / November 25, 2020 |
| Type of use | Residential |
| Leasable Area | 850 sq.m. |
| Occupancy Rate at aquistion | 85,00% |
| IRR | 25,20% |
City of Oberhausen
Achievements
- Building and apartments were in need for renovations
- Acquired with a vacancy of almost 15% in a mid-class location
- Renovations works were carried out and realized
- Tenant structure was overviewed
- Rental and lease fees were adapted to current market level
