- 27,285,000 €
- 4.7% yield
- Essen Warehouse 5,200,000 €
- Basic parameters
- Photo
№ 2,466,636
Warehouse 10,500 m² in Essen
5,200,000 €
495 € /m²
- Total area 10,500 m²
- Yield 9.0%
- Lease term —
- Constructed —
Key project parameters
- Total area
- 10,500 m²
- Floors
- 5
Project description
The complex consists of 5-storey buildings in good condition.
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 9.0%
Location and nearby infrastructure
The building is located in the industrial area of Essen, North Rhine-Westphalia. The population of the city is about 600,000 inhabitants. Dusseldorf is just 25 km away.
The city is the 4th largest in the state of North Rhine-Westphalia and the 9th largest city in Germany in terms of population.
Essen is the city with a high-tech industry and excellent infrastructure. There are 6 universities and about 25 scientific research institutions here.
Also, there are the headquarters of such large companies as RWE, EON, Thyssen-Krupp, Evonik Industries, HochTief, Schenker AG, Siemens, Aldi Nord, Deichmann, Funke Medien.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.
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Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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