Lower SaxonyReal estate
10% stake in a real estate company with 6 apartment buildings and 63 units
Revenue€1,400,000
Earnings€220,000
Employees2
LocationLower Saxony
Transaction BackgroundSuccession planning
Shares for saleMinority interest
Revenue€1,400,000
Earnings€220,000
Employees2
LocationLower Saxony
Transaction BackgroundSuccession planning
Shares for saleMinority interest
Company Description
The family-owned business owns six apartment buildings with a total of 63 residential units and manages them directly. The real estate assets are held through a GmbH & Co. KG. 10% of the majority shareholder’s equity interest is for sale at a purchase price of 600,000 EUR; the arrangement provides for a monthly advance profit distribution of 6% as well as an optional right of first refusal for additional shares. The sale is being made due to retirement.
Industry sector
Real estate