Acting on behalf our client, Prado Grundbesitz GmbH, Mayfield Asset & Property Management’s German team have successfully agreed a sale on the second building of this portfolio.
The sale of the first asset, situated in Hannover, completed at the end of last year and was purchased by a German family office. This retail property, anchored by REWE, extended to 7,600sqm.
This most recent sale of a 4,700 sqm mixed use asset (retail/office) in Gifhorn, a city of approximately 42,000 inhabitants, was purchased by a Government body.
Mayfield Asset & Property Management GmbH now operates from three offices in Germany (Frankfurt, Berlin and Oberhausen) and the team would be delighted to hear from you with respect to any investment or transactional advice required.