Sonar Real Estate has successfully mandated the sale of an office property in Obernkirchen, Lower Saxony. The transaction was carried out on behalf of a pan-European real estate investment manager. The buyer of the property is a family office. Details of the purchase price were not publicly disclosed.
The property in question, located at Sülbecker Brand 1 in Obernkirchen, is a single-tenant building. It was completed in 1990 and comprises an office area of approximately 3,800 square metres. This area is fully let to the health insurance company BKK24, which underscores the property's attractiveness as a stable income asset.
Sonar Real Estate received commercial advice from Krasemann Immobilien Gruppe during this divestment. Legal counsel was provided by the law firm Clifford Chance LLP. This expertise ensured a structured and efficient transaction process for all parties involved.
Prior to this, Sonar Real Estate had already successfully sold another property for the same client. This was a multi-service centre in Wiesbaden, located at Äppelallee 110-116. This property was also transferred to a family office.
The Wiesbaden multi-service centre, completed in 2008, has a rental area of approximately 8,650 square metres. This area is fully occupied. Tenants of this property include established retail companies such as Netto, CleanCar, and TEDi, reflecting the diversification of use and ensuring a broad tenant base. For the Wiesbaden transaction, the seller was legally advised by Clifford Chance LLP and brokered by RIKE real estate GmbH.
