Updated Dec 21, 2023
Patrizia AG Acquires Industrial Property In Ennigerloh & Hamm, Germany For €139M
Nordring 3, 59320 Ennigerloh, Germany
$139,000,000
Building Size
—
Asset Type
Industrial
Closing
Feb 14, 2022
About this deal
AI
Patrizia AG has recently acquired an industrial property located at Nordring 3, 59320 Ennigerloh & Hamm, North Rhine Westphalia, Germany. The transaction, which took place on 15/02/2022, involved the purchase of the property for a total of €139,000,000.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: €139,000,000
- Date: 15/02/2022
- Address: Nordring 3, 59320 Ennigerloh & Hamm, North Rhine Westphalia, Germany
- Purchaser: Patrizia AG
The acquisition was made by Patrizia AG, a prominent real estate investment company. They have successfully expanded their portfolio with this purchase, adding a highly valuable industrial asset to their holdings. The exact details of the property's characteristics, such as square footage and market value, were not provided in the available information.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93