RATISBONA acquires Netto store in Krefeld

Real estate agent Winters & Hirsch has exclusively advised a Berlin wealth management firm on the sale of a retail property in Krefeld (North Rhine-Westphalia) to RATISBONA.

Completed in 2003, the 930 sqm discount food store, a Netto Marken-Discount, is located at Mühlenweg 20-22 in Krefeld’s Hüls area.

The plot has approximately 4,013 sqm and accommodates around 82 parking spaces.

RATISBONA plans to revitalise the property in the medium run.

Besides acting for the seller with an exclusive mandate, Winters & Hirsch also advised the buyer on the transaction.

The parties have agreed not to disclose the purchase price.

The Berlin team of Baker Tilly Roelfs has advised the seller on tax issues.