Australian family office acquires retail property in Germany

Australian family office acquires retail property in Germany

The Australian Sunshine Family Office acquired a 1,456sqm property in Rüthen (Germany). The transaction was organized by the German real estate investment firm DRIA GmbH, which manages the investment and asset management for various family offices. The property is rented to Centershop since 2018 and was sold by a Luxembourg-based company. The object also has 64 parking spots.

Sunshine Family Office restructures German real estate portfolio

German DRIA GmbH currently leads the restructuring of the real estate portfolio of the Australian Sunshine Family Office. Two automotive objects in Aurach and Cottbus were sold, a retail object in Halberstadt was acquired.

Source: DRIA
Picture Source: Mike Petrucci

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