ABG Capital Acquires Office Property In Hamburg, Germany From Savills Investment Management
Amsinckstraße, 20097 Hamburg, Germany
$100,000,000
Building Size
—
Asset Type
Office
Closing
Jan 11, 2022
About this deal
AI
The property involved in this transaction is an office located at Amsinckstraße 57-61 and Nagelsweg 34 in Hamburg, Germany. The transaction took place on 11/01/2022. The asset class of the property is office.
Summary of transaction details
- Property Type: Office
- Transaction Amount: €100,000,000
- Vendor: Savills Investment Management
- Purchaser: ABG Capital - Ulrich Holler
Ulrich Holler, representing ABG Capital, was the purchaser of the property in this transaction. ABG Capital acquired the office property from Savills Investment Management. No additional information is available at this time.
Players
Hamburg Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93