09 December, 2015
Selling a residential property portfolio in Rostock
The portfolio, consisting of particularly high-quality and new residential housing complexes and fully renovated properties from the 19th century Gründerzeit period, was sold as an investment company.
The package was sold at a valuation multiple of 15.7. The comparatively high multiple is also proof of the enormous popularity of this old Hanseatic city.
The negativity of East German cities frequently experienced elsewhere is not in evidence here.
View from the tower St. Petri at the
The view from St. Peter's towards St. Nicolai - the brick church with early Gothic elements was built successively since 1230.