Real Estate
RENTED COMMERCIAL PROPERTY CHANGES HANDS - P&P GROUP SELLS TO FAMILY OFFICE

Rented commercial property changes hands - P&P Group sells to family office

  • Property in Schweinfurt with 1,525 square meters of rental space
  • Long-term rented single-tenant property
  • Property with further development potential

Fürth, 08. July 2022 - Real estate investor and developer P&P Group sells a single-tenant property in Schweinfurt with long-term leases to a family office from the Frankfurt am Main region.

The property at Matthäus-Stäblein-Strasse 7 in Schweinfurt has a leasable area of 1,525 square meters and has been rented by the building materials retailer Raab Karcher since 1998.

"The property offers the new investor crisis security through the current lease agreement and also the potential to expand it structurally. Especially the location in an economically strong region makes the property highly attractive," says Christoph Dreyer, Munich branch manager of the P&P Group, about the sale.

Savills, a consulting firm, acted as the broker for the property.

Best location of the property

The property is very easy to reach, both due to good public transport connections and the immediate proximity to the freeway.

Schweinfurt is one of the strongest economic regions in Bavaria. In addition, the building materials trade is considered a crisis-proof business model.

About the P&P Group

P&P Group is an investor and investor platform with offices in Munich, Fürth and Frankfurt am Main. The operating investor with excellent technical expertise and almost 30 years of history realizes complex portfolios in the residential, office and retail segments. The accumulated transaction volume to date amounts to €3.1 billion.

In addition to real estate, P&P Group invests in the asset classes of private equity and venture capital through its wholly owned subsidiary RIVUS CAPITAL. The overarching investment focus is on the real estate-related sectors of real estate, infrastructure and ESG. CEO and managing partner of the P&P Group is Michael Peter.