SüdWERT Wohnungsprivatisierungsgesellschaft mbH has recorded an addition to its standing portfolio in the Stuttgart residential market. The company has acquired a historic multi-family residential building in Liststraße. The property is situated in the Lehen quarter of the Stuttgart-Süd district, distinguished by its immediate proximity to the vibrant Marienplatz.
Key data and structural features of the property
Erected in 1903, the seven-storey building exemplifies the typical urban turn-of-the-century architecture found in this mature inner-city location. In total, the multi-family building comprises 14 residential units across a total living area of around 1,240 square metres. In terms of planning and architectural law, the property is classified as part of an overall urban ensemble, which imposes specific requirements on the preservation and maintenance of the site.
- —Location: Liststraße, Stuttgart-Lehen (near Marienplatz)
- —Year of construction and building structure: 1903, seven-storey existing property
- —Space and layout: 14 residential units across approx. 1,240 m² of living space
- —Classification: Part of an overall urban ensemble
Long-term focus and privatisation concept
For the acquired residential building, SüdWERT plans a targeted upgrade of the building fabric. The measures are intended to secure the existing structure and carefully bring it up to contemporary residential standards without compromising the historic character of the ensemble.
The acquisition fits into the broader corporate strategy of upgrading suitable existing inner-city residential properties within the portfolio over the long term. A central pillar of this approach is socially responsible home privatisation. The goal is to give existing tenants priority when offering the opportunity to purchase the homes they currently occupy.
With the transaction in Stuttgart-Süd, the company reinforces its commitment to established quarters in the state capital of Baden-Württemberg, where historic residential space in highly favourable locations meets sustained demand.
