The commercial and residential building in Hilden, located at Mittelstraße 63, has a new owner. The sale was conducted as part of a structured sales process, with Deka Immobilien Investment GmbH acting as the seller. The real estate consultancy burberger was tasked with managing this transaction.
The property is fully let and comprises a total usable area of approximately 920 square metres. Its origins date back to 1850. It is situated on Mittelstraße, an established prime retail location in Hilden, distinguished by its micro-location. The long-standing main tenant is dm-drogeriemarkt, which has occupied the property for more than four decades.
Details of the Transaction
A regionally based private investor acted as the buyer. The parties involved have agreed not to disclose the final purchase price. This agreement is customary in the industry for such real estate transactions and serves to maintain the confidentiality of the business relationship between buyer and seller.
The lead for the transaction on behalf of burberger was Nikolai Fessler, Partner Investment, and Tim Buschfeld, Director Investment. They stated that a satisfactory result for Deka Immobilien Investment GmbH was achieved through the structured sales process. The trust placed in burberger by Deka for this transaction was highlighted.
Significance for Hilden as a Location
The property at Mittelstraße 63 represents a stable investment due to its central location and long-term tenancy with a renowned retailer. Such transactions underscore the attractiveness of properties in established retail locations for private and institutional investors who value stability and calculable returns. The long lease term of dm-drogeriemarkt reflects the strength of the location and the quality of the tenant relationship. The sale to a regional private investor also ensures continued local ownership.
- —Property Sold: Commercial and Residential Building Mittelstraße 63, Hilden
- —Seller: Deka Immobilien Investment GmbH
- —Buyer: Regional Private Investor
- —Brokers Involved: burberger (Nikolai Fessler, Tim Buschfeld)
