OMP-OO-467   Exposé on request

Current multiplier 19.5: Existing property for development with 350 units (tenant: City of Munich, WALT 9.5)

zinshaus_renditeobjekt
München
42Cool
Volume
€ 65 Mio. €
Multiplier
20,8xx
Gross yield
4.8 %
Area
7408.00 m² m²

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Property description (excerpt)

The subject of sale comprises 2 adjoining (heritable building right) plots of land with existing properties; the heritable building right on both plots expires early on 30 June 2023, as mentioned again in detail below. The plots are developed with a residential and care home. The buildings were constructed in 1960/61, upgraded for fire protection in the 1980s, and partially converted to youth hou…

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