The Berlin-based real estate agency Winters & Hirsch has advised PPC Immobilien UG from Weißenhorn (Bavaria) and STO Gruppe from Karlsruhe (Baden-Württemberg) on the sale of a beverage store in Panketal (rural district of Barnim, state of Brandenburg) to a foreign Family Office.

The single-storey, fully occupied property has approximately 890 sqm of rental space. The building was completed in 1996 and refurbished in 2015. The plot measures around 2,520 sqm and accommodates 38 parking spaces.

Long-term tenant is Getränke Hoffmann GmbH. The beverage retailer is part of Radeberger Gruppe and currently operates approx. 195 stores in Berlin and Brandenburg.

Panketal has about 20,000 residents and is situated just northeast of Berlin. Direct access to motorways and the Berlin S-Bahn network, an idyllic location close to Barnim Nature Park and a family-friendly infrastructure make the community a sought-after residential address.

Winters & Hirsch had been instructed by the seller to market the property and also advised the buyer on the transaction.

The parties have agreed not to disclose the purchase price.

Acting on instructions from a listed real estate company, Winters & Hirsch has brokered the sale of a mixed-use residential and retail building on Gotzkowskystraße in Berlin’s Moabit area (Mitte district) to a private investor from the United States.

The fully occupied building dates from 1907 and has 21 residential units distributed over 911 sqm and two commercial units on the ground floor with approximately 143 sqm. The rental space in the building amounts to 1,054 sqm approximate. The property has around 452 sqm of outdoor space.

The parties have agreed not to disclose the purchase price. The multiplier is 18.3 plus purchasing costs.

The property forms part of the Turmstraße conservation area created in 2011. An up-and-coming neighbourhood in the sought-after Moabit area, Gotzkowskystraße connects Moabit with the swank Charlottenburg area.

The notary Michael Ch. Bschorr of the Berlin-based law firm Wollmann & Partner has notarised the contract.

Acting as sole agent, Winters & Hirsch has advised a Berlin property developer on a forward deal to sell a brand-new REWE consumer market in the federal state of Brandenburg.

The property, Berliner Damm 169 in the community of Blankenfelde-Mahlow (rural district of Teltow-Fläming), went to the Frankfurt-based Pension Fund of the Employees of the Hoechst Group, VVaG.

The new-build consumer market with approximately 2,500 sqm of rental space opened in June 2015. The 10,230 sqm plot accommodates around 110 parking spaces. REWE is the sole tenant of the property.

Instructed by the seller to market the retail property as sole agent, Winters & Hirsch also advised the buyer on this forward contract.

The Frankfurt-based law firm REUTER Rechtsanwälte has represented the buyer.

The parties have agreed not to disclose the purchase price.

Acting as sole agent for a Hamburg group of investors, Winters & Hirsch has brokered the sale of the retail and office building Berliner Allee 62-66 in Berlin’s sub-district of Weißensee (district of Pankow) to a family office from Munich.

The retail space in the building is occupied by a Woolworth store and a TEDi discount store. The offices are let to law firms and tax consultancy firms.

Completed in 1996, the three-storey building has four office units and two retail units with approx. 3,370 sqm of total rental space. The property comes with grounds covering approx. 1,870 sqm.

The fully let property sold at 12 times the net annual rent, which translates into a yield before purchasing costs of 8.33 per cent per annum.

One of the main shopping streets in the district, Berliner Allee offers a wide range of shops and services. Pankow is among the most sought-after residential areas of Berlin, with increasing population numbers and rising property prices.

Winters & Hirsch had been retained by the seller to market the property as sole agent, and also advised the buyer. The transaction was successfully completed within four weeks.

The parties have agreed not to disclose the purchase price.

Winters & Hirsch has advised a group of private investors from Bavaria on the sale of a specialist retail centre in Bleicherode (rural district of Nordhausen, state of Thuringia).

The property was purchased by the Berlin-based DEFAMA Deutsche Fachmarkt AG for 2.57mn. euros, which translates into a multiplier of 7 based on net annual rent.

The retail complex enjoys a central, prominent corner location at Burgstraße 60 / Lindenstraße 15, 16. Completed in 1994, the property has some 4,010 sqm of total rental space and comes with an approx. 11,000 sqm plot.

A REWE consumer market, an Ernsting’s Family store, and a pharmacy are the main tenants. Further space is occupied by local shops, including a shoe and bag store, a bakery, a dry cleaner’s, and a florist shop. The property also accommodates doctors’ practices as well as residential units.

A small town of some 6,500 residents, Bleicherode is situated in the rural district of Nordhausen in the state of Thuringia. The town has good infrastructure and direct access to the A 38 motorway which connects the cities of Kassel and Leipzig.