Wohnungsbaugesellschaft Helmstedt mbH

In 2013/2014, Taurecon supported Adler Real Estate AG in the purchase of a residential portfolio. Here Taurecon also performed the due diligence investigation for the properties in the portfolio, including some 2,300 apartments.

Altogether approximately 136,000 m2 of rentable space changed owners in the transaction. 93 per cent of the apartments, mainly former factory apartments, are located in Helmstedt and Schöningen, towns in Lower Saxony. The housing association has 20 employees, including the building management.

Facts & Downloads

Client: Adler Real Estate AG
Rented area: 136.000 m2

Wohnbaugesellschaft Helmstedt mbH, Helmstedt