The office building at Südring 15 in the centre of Bochum was built in 1987 and is located directly on the axis between the main station and the Bermuda Triangle. The property has a total rental area of almost 4,000 sqm. The types of use range from retail space to classic office space and serviced apartments. The occupancy rate of the multi-tenant property was approximately 70% at the time of the transaction. The new owner plans to reposition the building and let it in full.
Rheinwert advised the buyer on the transaction.