Our Investments

Germany

Leipzig, Jacobstr.

Leipzig, Jacobstr. Leipzig, Jacobstr.

Germany

Leipzig, Jacobstr.

Jacobstrasse was our pilot project in 2008. After a careful market study we identified the city of Leipzig in East Germany as a place to invest in which to lay the foundations of Rheingold.

To better understand the functionality of our business we chose this building in an excellent location in the city. The project began in 2008, and permitted Rheingold to learn the laws and characteristics of acquisition procedures on the German market. The property consists of five apartments to be upgraded in an overall development and rehabilitation programme. Together with local operators, Rheingold went ahead with the realization of the reconstruction project with the aim of splitting the units and selling them on the retail market. With the approval of this interesting project and in the following eight months a local real estate company submitted an offer for the acquisition of the whole building, and Rheingold decided to realize this, with success.







Informations


Details

Our Property

from 2008 to 2009

Location

Jacobstr. 6 04109 Leipzig, Germany

Type

Residential Building

Floor Area

936 sqm 100% Residential

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