Office building with a large anchor tenant.
Description
The total area of the property is more than 30,000 m².
There is parking for 700 cars on the territory of the building.
The building was built in 1995.
The absolute annual income is 2,420,000 €.
Current yield is 4.0%.
An anchor tenant is an international industrial company with more than 1,500 employees in 18 countries.
Lease agreement is valid until 31.12.2021.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 4.5%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
Hamburg is a city with a federal status and a population of more than 1.8 million people. It is the second largest city in the country, the seventh largest and the most populated non-capital city in the European Union.
The city is the center of the civil aerospace industry, mechanical engineering, light and printing industry. There are assembly plants of EDAS and Airbus companies, Beiersdorf head office, a large brewery for the production of the famous Holsten beer brand, the famous Spiegel and Shtern publishers, the headquarters of the largest European parcelling trade group Otto.
Hamburg is a major transport hub, as well as a river and sea port (the largest in Germany, the second largest in Europe, and the ninth in the world).
The city is a scientific and cultural center. There are 17 universities, one of the world's largest research centers for particle physics, about 60 museums, more than 40 theaters, and about 120 parks here.
