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The property is located on the Western part of the city of Gotha, which is part of the central metropolitan corridor of Thuringia, in an area mostly characterized by residential units and public institutions. The property is let on a mid-term basis to real,- SB-Warenhaus GmbH. The property provides attractive asset management potential.
- Gotha as one of the largest cities in the state of Thuringia with positive population development
- ideal location for grocery shopping in the neighbourhood
- ~45,000 inhabitants in the core catchment area (10 min driving time)
- 100% of rental income attributable to real,- SB-Warenhaus GmbH
- new development plan “In der Güldenen Aue” established in 2018 for the enlargement of the residential area close to the property