German Real Estate Single Family Office Acquires Mixed-Use Building in Augsburg

German Real Estate Single Family Office Acquires Mixed-Use Building in Augsburg

The Hartinger single family office from Rosenheim, Germany, has just acquired a mixed-use building in the center of Augsburg. The building located in the Bahnhofstraße 2 was built in 1900 and previously owned by real estate firm Hamborner. Besides residential space, also Targobank and fashion retailer Orsay are letters of the building. Yearly rental income of the building is estimated at €0.5M.

Hartinger single family office as active German real estate family office

The Rosenheim-based Hartinger family office is an active real estate investor. Investment activities of the German real estate family office are mainly focused on the German south. For example, the family investment firm owns the Bahnhofplatz 4 building in Traunstein or many major office buildings in Rosenheim. Besides that, the family office is also pursuing philantropic activities through the Hartinger Heimatstiftung.

Source: Deal Magazine, 22.01.2021
Picture Source: Mario Dobelmann

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