| Aquisition Date/Sale Date | August 15, 2018 / April 15, 2021 |
| Type of use | Office building and Warehouses |
| Leasable Area | 2.450 sq.m. |
| Occupancy Rate at aquistion | 64,00% |
| IRR | 29,20% |
City of Oberhausen
Achievements
- Offices were brought up to current market status
- Acquired with a vacancy of almost 36% 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
- All offices and the warehouse became new tenants
