The Berlin real estate agent Winters & Hirsch has advised the property developer terraplan on the sale of a retail property in Ketzin/Havel in the federal state of Brandenburg to a German pension fund.
Completed in spring 2018, the retail premises are occupied by a Netto discount food store. The store is located at Falkenrehder Chaussee 14 in a central residential area of Ketzin/Havel.
The town of Ketzin/Havel has a population of around 6,500 and is situated in the southern part of the rural district of Havelland, some 22 km northwest of Brandenburg’s capital, Potsdam.
The store has around 1,487 sqm of total lettable space, including some 1,000 sqm of sales space. Around 6,970 sqm in size, the grounds
accommodate approx. 69 parking spaces.
The tenant, Netto Marken-Discount AG & Co. KG, has signed a 15-year lease with a 3/5 years renewal option.
Winters & Hirsch had been instructed by the seller to market the property as a sole agent and also advised the buyer on the transaction.
The parties have agreed not to disclose the purchase price.