blackolive brokers around 1,300 sqm of residential property in Offenbach

Built in 1975, the fully let property is located in Offenbach's Westend district. The national project developer IBER Immobilien GmbH from Darmstadt secured the property. "blackolive played a major role in enabling us to purchase the property in a quick but structured process. We are very pleased about this," said Ergün Karakaya, Managing Director at IBER. The seller of the property is a private individual from Switzerland.

blackolive, a member of the German Property Partners (GPP) network, acted as exclusive seller's advisor. The parties agreed not to disclose the contractual modalities of this transaction.

The building

The building, which is currently fully let and was built in 1975, has around 1,300 sqm of living space spread out over four upper floors. The property is located in an attractive residential area and is well connected to the public transport network as well as to private transport and offers additional building reserves.

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