Winters & Hirsch advises on sale of mixed-use residential and retail building with Rossmann store in Krefeld

The Berlin real estate agent Winters & Hirsch has exclusively advised a Berlin-based wealth management firm on the sale of one of their properties, this time a mixed-use residential and retail building in the city of Krefeld in North Rhine-Westphalia. The property went to a private investor from Kleve.

The property’s address is Schulstraße 4, 6 in Krefeld’s Hüls area. Dirk Rossmann GmbH, the operator of a German-wide drugstore chain, is the anchor tenant on the premises.

The three-storey building, constructed between 1984 and 1985, features eight residential units and two retail units on approximately 1,291 sqm of rental space. The grounds cover around 1,106 sqm and hold three parking garages and four additional parking spaces.

The mixed-use property enjoys a prime location in the Hüls area, directly opposite the marketplace with the historical town hall and the head office of the Sparkasse Krefeld.

Besides the exclusive sales mandate from the seller, Winters & Hirsch also advised the buyer on the transaction. This latest transaction marks the sale of the last of the seller’s three properties in North Rhine-Westphalia, each concluded in 2017.

The parties have agreed not to disclose the purchase price. The Berlin team of Baker Tilly advised the seller on tax issues.