A residential and commercial quarter of 24 individual buildings in Stralsund’s historic old town has changed hands. Brockhoff advised on the discreet sale to an institutional investor. The purchase price was not disclosed.

The property complex is exceptionally well maintained and offers a total of 10,880 m² of lettable space. Around 5,720 m² is occupied by reputable retailers, while 3,070 m² is used for housing. A further 1,820 m² comprises office and medical practice space. The quarter is fully let and represents a stable investment.

“The mixed-use approach is the key to this quarter’s success. Shopping, living and working come together in harmony, ensuring the quarter remains a stable investment over the long term,” says Oliver Rottmann, Managing Director of Brockhoff.

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Brockhoff GmbH is one of Germany’s leading commercial real estate brokers and the market leader in the Ruhr region. The owner-managed company, based in Essen, was founded by Eckhard Brockhoff in 1987 and has extensive expertise in marketing properties across the OFFICE, INVEST, RETAIL and LOGISTICS sectors, built on over over 35 years of experience in real estate. Its portfolio includes the nationwide sale of office and investment properties, office leasing with a focus on the Ruhr region, the brokerage of retail properties in prime 1A locations in small, medium-sized and large German cities, and the leasing and sale of logistics properties. In 2021, ADOMO Beteiligungs GmbH acquired a 41% stake in the company. The remaining 59% is still held by founder and Managing Partner Eckhard Brockhoff.