Shopping center with well-known chain tenants in the city of Mülheim.
Description
The complex has a total area of 92,000 m².
Deal structure: Share Deal.
The annual income is 1,500,000 €.
The yield is 4.8%.
The building is fully leased.
The tenants are well-known chain stores of clothing, food, household goods, pharmacy, bank office, etc.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 5% + VAT 19% (total 5.95%).
The shopping center is located in Mülheim an der Ruhr, North Rhine-Westphalia. The population of the city is 170,000 inhabitants.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.
