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Schopenstehl 24

Schopenstehl 24 in Hamburg

Real Estate Operations work: Light refurbishment

Acquisition data

Current data

Date

2009

2012 - sold

Value

EUR 3.3 m

EUR 5 m

In place rent

EUR 0

EUR 260 k

Average lease length

vacant

12 years

 

The vacant asset was acquired in 2009. After a light refubrishment, it was fully let to the city of Hamburg on a 15 year lease, and disposed in 2012.

 

Timeline:

  • 2009: Acquisition and light refurbishment (total refurbishment costs: EUR 1 m)
  • 2009-2012: Hold
  • 2012: Disposal

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Schopenstehl 24