The property, a residential and commercial building in Freiburg's Mooswald district, has been successfully brokered. The transaction was handled by real estate service provider Hecker Real Estate Investment, which specialises in commercial and investment properties and is based in Freiburg im Breisgau. The change of ownership was thus managed by a local player.
The seller was a family office from Northern Germany. The sale took place as part of a strategic portfolio adjustment by this owner. The buyer is a company of the DENZ GROUP, associated with Freiburg real estate entrepreneur Joshua Denz. The involvement of the DENZ GROUP underscores a local anchoring and a long-term commitment to the Freiburg location.
Property Characteristics and Location Factors
The property is characterised by its size and a well-developed mix of uses. It features 24 residential units, comprising a total living area of approximately 1,396 square metres. Additionally, there are two commercial units, which have a total commercial area of approximately 1,512 square metres. The amenities are complemented by 89 underground parking spaces, an element considered value-adding in inner-city areas.
The combination of residential and commercial use, supplemented by the parking facilities, positions the property as an investment with a long-term outlook and stable earning potential. The Mooswald district is known for its convenient transport links and proximity to Freiburg city centre. Furthermore, the district is characterised by consistent demand for residential and commercial space.
Transaction Details and Statements
The parties involved have agreed not to disclose the exact purchase price. The purchase price is estimated to be in the high single-digit million EUR range. The team at Hecker Real Estate Investment commented on the transaction with a positive assessment of the successful conclusion for all parties involved.
