KINGSTONE Real Estate has acquired a mixed-use property at Ludwig-Erhard-Strasse 13, 13a in Landshut from Gewerbekomplex Landshut West GmbH and Gewerbekomplex II Landshut West GmbH (Oberhauser Group) for an open-ended real estate special fund (AIF) with fixed investment conditions (Fund).
The transaction comprises two buildings which were built between 2020 and 2023, with a total rental area of 5,953m². Photovoltaic systems on the roofs ensure that the property also rates highly in terms of sustainability. The diverse tenant mix in the property includes a private vocational college, a beverage outlet chain, as well as several medical practices and office tenants.
The property is part of an emerging business park in the direct vicinity of the Landshut Park shopping centre with a wide variety of specialist retailers and restaurants. The city of Munich can be reached in about an hour via the nearby A92 motorway.
Dr. Tim Schomberg, Managing Partner of KINGSTONE Real Estate, says: "We are delighted to add a further attractive investment to our portfolio in southern Germany with the acquisition of this newly built property in Landshut. This transaction underlines the core strategy of our fund."