Updated Dec 19, 2023
Oxenwood Acquires Industrial Properties In Neuss, Schweitenkirchen, And Hilden, Germany For €52M
Bockholtstraße, Neuss, Germany
$52,000,000
$158/SF
Building Size
327,212 SF
Asset Type
Industrial
Closing
Nov 22, 2021
About this deal
AI
The recent transaction involves the purchase of industrial properties located in Neuss, Schweitenkirchen, and Hilden, Germany. The properties are situated at Bockholtstraße 12 in Neuss, Otto-Hahn-Ring 17 in Schweitenkirchen, and Westring 15 in Hilden. The total square footage of the properties is 327,212, and the purchase price amounts to €52,000,000. This equates to an average price per square foot of €159.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: €52,000,000
- Address: Bockholtstraße 12941460 Neuss, Germany; Otto-Hahn-Ring 17, 85301 Schweitenkirchen, Germany & Westring 15, 40721 Hilden, Germany
- Square Footage: 327,212
- Purchaser: Oxenwood - Stewart Little
Oxenwood is the purchaser involved in the transaction, represented by Stewart Little.
Players
Neuss Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93