The project company HT Invest GmbH, led by investor Dipl. Wirt.-Ing. Tomislav Hrbud, has sold an office and commercial building in a central commercial location in Duisburg. The sale was made to a North German asset management company. Confidentiality was agreed upon regarding the exact terms of the purchase price, which is common in such transactions to maintain discretion and not weaken the negotiating position of the parties involved.
The property, which was constructed in the 1990s, is located in an established high-street area of Duisburg. The building's plot size is 793 square metres. The total usable area of the multi-tenant property amounts to approximately 1,900 square metres, complemented by an associated garage unit. Such properties in central locations with mixed-use are often attractive to investors, as they offer a broad tenant base and thus a certain diversification of risk.
Tenant Structure and Investment Strategy
The tenant structure of the sold property is considered stable. Long-term tenants include Targobank, which acts as an anchor tenant. Furthermore, the personnel service provider Randstad Deutschland is also among the tenants. The presence of such established companies contributes to the property's attractiveness and signals a reliable rental income basis for the new owner. The diversity of tenants from the financial and service sectors underscores the suitability of the location for various industries.
Following this transaction, investor Dipl. Wirt.-Ing. Tomislav Hrbud intends to make further opportunistic acquisitions. The focus is on building a real estate portfolio within the next twelve months. This strategy aims to capitalise on market opportunities and continue the company's investment activities in selected segments. The sale of the Duisburg property could thus be interpreted as a step towards reorientation or expansion of HT Invest GmbH's overall strategy.
The transaction in Duisburg highlights the ongoing activity in the German real estate market, particularly for properties with stable tenancy and favourable locations. The demand for such investment opportunities remains, both from private asset managers and institutional investors seeking long-term income sources.
