Winters & Hirsch sells Netto Market in Krefeld to RATISBONA

Real estate agent Winters & Hirsch has exclusively advised a Berlin wealth management firm on the sale of a retail property in Krefeld (North Rhine-Westphalia) to RATISBONA.

The retail market, a Netto Marken-Discount, is located at Mühlenweg 20-22 in Krefeld’s Hüls area.

Erected in 2003, the market has approx. 930 sqm of total rental space. The approx. 4,013 sqm plot accommodates around 82 parking spaces.

RATISBONA plans to revitalise the property in the medium run.

Besides acting for the seller with an exclusive mandate, Winters & Hirsch also advised the buyer on this transaction.

The parties have agreed not to disclose the purchase price.

The seller was advised on tax issues by the Berlin team of Baker Tilly Roelfs.