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Thuringia Production
Asset Management Residential Real Estate GmbH in Saxony and Thuringia | V-1298
Revenue €814,000
Earnings €814,000
Employees No information
Location Thuringia
Transaction Background Strategic sale
Shares for sale 100% sale
Revenue €814,000
Earnings €814,000
Employees No information
Location Thuringia
Transaction Background Strategic sale
Shares for sale 100% sale
Company Description
An asset-management residential real estate portfolio company is for sale via a share deal. The company holds a diversified portfolio of 20 residential and commercial buildings across 6 locations in Saxony and Thuringia. The focus is on the western Saxony region. The company is exempt from business tax and has no employees.
The company generates stable recurring rental income of over 810 T€ per year with an occupancy rate of over 94%. The portfolio is in good, well-maintained condition with no significant maintenance backlog. Additional earnings potential exists through reducing vacancies and adjusting rents in line with market conditions.
Industry sector
Production