Waldbröl.

Brockhoff successfully brokered the sale of a residential portfolio comprising four apartment buildings in Waldbröl, in the Bergisches Land region, to a private investor. The portfolio consists of 31 apartments with approximately 2,081 m² of living space. The apartments are publicly subsidised housing.

During the off-market sale process, Brockhoff drew on its extensive network of private investors to complete a smooth transaction beyond the traditional metropolitan areas. “Apartment buildings remain particularly attractive to investors because the number of tenants helps keep the risk of rent defaults low,” says Jörg Langensiepen, Managing Director of Brockhoff.

The parties agreed not to disclose the purchase price.

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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, backed by 35+ years of real estate experience. Its portfolio includes the nationwide sale of office and investment properties, office leasing focused on the Ruhr region, brokerage of retail properties in prime 1A locations in German cities of all sizes, and the leasing and sale of logistics properties. In 2021, ADOMO acquired a 41% stake in Brockhoff. The remaining 59% is still held by the founder and Managing Partner Eckhard Brockhoff.