VALUE AND SIZE

19.5m Euros, 15,500 sqm. Agreed with tenant to extend the lease term until December 2029.

 

DESCRIPTION

The building was constructed in 1993, A single tenant Selgros (Transgourmet) occupies the whole building

 

MACRO

With a population of around 3.5m inhabitants, Berlin is the largest city in Germany and the second largest city in the European Union. The town is a junction of long-distance rail lines to all major cities of Germany and many cities in neighboring European countries

 

TENANT INFORMATION

Selgros is a large cash & carry company in Europe, owned by Transgourmet Holding, a wholly owned subsidiary of Coop (Switzerland).