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Germany Portfolio of three shopping centers Yield 6,1% leasable area of 65,000 m². There is a possibility to increase the annual income up to € 5,500,000. =€1.21M More in Year. A package of three shopping centers in the centers of the German cities. Description Three shopping centers with a total leasable area of 65,000 m². Financial performance The annual net income is € 4,290,000. The net yield is 6.1%. There is a possibility to increase the annual income up to € 5,500,000. Location
Saxony is a federal land in the FRG, located in the east of the country. The capital city is Dresden. The population of the region is more than 4 million people. The most important branch of industry is automobile with a share of 27% of all sales. It is followed by the metallurgical sector with a share of 13%, machine construction with a share of 12%, as well as electrical engineering/ microelectronics with a share of 11.6% of Saxony's industrial turnover. Saxony is known in the world for its higher education institutions with long traditions and high status: Leipzig University, Dresden Technical University, Freiberg Mining Academy. Saxony attracts numerous tourists with the presence of many world-class culture monuments, delightful natural landscapes, and a well-developed tourist infrastructure. Note: To move forward: - Buyer / Buyer Rep to sign asset specific NCND/MFA
- Buyer to submit Non-binding LOI and POF to connect with seller.
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