Hohenzollernstrasse 24, 45128 Essen, Germany

Essen, Germany

Essen is the principle city in the Rhine Rhur area, which is one of Europe’s strongest economic regions. The city benefits from excellent road, rail and air transport links with Dusseldorf airport only 23km away and direct proximity to the main autobahn network.

Stadtgarten Business Park is located in a premium position just south of the city centre in an established mixed commercial and residential area known as Sudviertel. It has real prominence with direct frontage to the main inner city ring road, access to the A40 autobahn only 800m away and only one kilometre from the main train station.

Essen is currently the sixth largest city in Germany and is home to major companies like Thyssen Krupp (industrial conglomerate), energy providers like RWE and EON and Germany’s largest construction company, Hochtief AG.

Features
  • Substantial freehold acquisition
  • Premium location
  • 380,000 sqft office complex
  • Strong tenant base
  • Value add opportunities
  • Accessibility to transport infrastructure
Key Points
  • Tenure: Freehold
  • Purchased at significant discount to market value
  • Acquired off-market
  • Secure income profile
  • Office vacancy rates below 5% in Essen