Hamburg, 24/05/2022 | Quantum Immobilien Kapitalverwaltungsgesellschaft mbH has acquired a portion of the newly built Gmunder Höfe district in Obersendling. The 58 rental apartments will become part of a fund managed by Quantum. The seller is Obersendlinger Grund GmbH & Co. KG, a joint venture of the developers Rock Capital Group, Baywobau, and UBM Development. The parties have agreed not to disclose the purchase price.
Striking architecture
The new apartments have a total rental area of approximately 4,200 m² and offer a demand-oriented mix of 1- to 4.5-room units. Nineteen of the apartments will be built to be barrier-free. All apartments feature either a garden area, a loggia, or a roof terrace, arranged in a staggered fashion to create a distinctive architectural identity. Inside, some units are characterized by galleries and double-height living spaces.
The apartments are part of Gmunder Höfe, a new district with a total of around 525 apartments located near the city center and the Isar River. Everyday amenities such as supermarkets, discount stores, restaurants, as well as daycare centers, schools, and public transport connections are all within walking distance.
Completion scheduled for 2024
Thanks to sustainable building materials and an energy concept, the modern district development will meet a high energy standard and is being built as a KfW 55 efficiency house. The central, pedestrian-only district square, communal facilities, and planned greenery will ensure a high quality of living and recreation. The 58 rental apartments are expected to be ready for occupancy in early 2024.
CBRE acted as broker for the acquisition. Legal and tax due diligence was carried out by the law firm P+P Pöllath + Partners Rechtsanwälte und Steuerberater mbB. The seller was advised by the law firm Wagensonner Rechtsanwälte Partnerschaft mbB.
Technical due diligence was handled by Schmidt Bauprojektmanagement, and ESG due diligence was conducted by Alpha IC GmbH.