Our Investments

Germany

Leipzig, Lessingstr.

Leipzig, Lessingstr. Leipzig, Lessingstr.

Germany

Leipzig, Lessingstr.

The first income property investment in the Rheingold portfolio. A freestanding building in Lessingstrasse in the renowned "Waldstrassenviertel" district.

The property has an area of 1,844 sq.m., and comprises 15 apartments together with the headquarters of the Sparkasse (Savings Bank). The building was constructed at the beginning of the 20th century and is protected by the Authority for the Preservation of Historic Monuments of Leipzig. The project allows us to understand the functioning of property management in Germany and to establish important relationships with local operators, the public authorities of the city of Leipzig and maintenance firms. We have managed and upgraded the property, and in 2015, following an increase in property values, we decided to sell it as a demonstration of the exponential growth of the market.







Informations


Details

Our Property

from 2010 to 2016

Location

Lessingstr. 32, 04109 Leipzig, Germany

Type

Freestanding residential/commercial building

Floor Area

1,844 sq.m.

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