Property Description:
As part of a structured transaction process, there is an opportunity to acquire a portfolio of retail park properties. The sale is being conducted as part of insolvency proceedings, offering investors the chance to acquire this asset with significant value-add potential. We have been mandated directly by the insolvency administrator.
The locations are predominantly of regional supply relevance, offer good transport links and strong catchment-area demand, which supports the long-term third-party usability of the properties.
- 13 properties in established micro-locations in Germany
- Geographic diversification across five federal states (Saxony, Thuringia, Saxony-Anhalt, Lower Saxony, NRW)
- Near-term repositioning and re-letting opportunities with no lease restrictions for full entrepreneurial flexibility
- Asset Deal “as is – where is” with a clear transaction structure
- Flexible exit: sale of the entire portfolio or individual assets possible
The retail park properties are predominantly located in areas of regional supply relevance.
Area metrics:
Land: approx. 116,743 m² (including 2 properties with heritable building rights, approx. 28,931 m²)
Usable area: approx. 46,720 m²
Key features:
12 properties with a retail park and wholesale focus
1 property with a logistics focus
stand-alone buildings
good visibility in established retail areas
good condition
Availability:
The majority of the portfolio is expected to be available for re-use from 2026-05-01. The vacancy provides an excellent basis for immediate owner-occupation, re-letting, or a strategic repositioning of the relevant part of the property.
Plot Area
Purchase price indication
46.720
Usable Area in m²
Sales areas as well as office, staff and technical areas, storage
4,70
Target net rent in € per m²
average target rent of the entire portfolio
12%
Occupancy Rate
69% leased until 04.2026
-
Year of Construction
Construction years and modernizations between 1979 and 2025
P20439 Portfolio - Retail Parks
Key facts
Areas
Grundstücksfläche: 116.743 m²
- davon Erbbaurecht: 28,931 m²
Nutzfläche: 46.720 m²
- davon Logistik: 8.870 m²
- davon Fachmarkt: 37.690 m²
- davon Wohnen: 125 m²
- davon Garagen: -
Age & Quality
Baujahre: von 1979 bis 2015
Modernisierungen: von 2006 bis 2023
Objektzustand: keine wertmindernde Schäden
Qualität Ausstattung: mittel, normal
Leasing
Ziel-Kaltmiete p.a.: 2.630.000 € netto
4,70 €/m²
Kaltmiete p.a. (2025): 2.413.000 € netto
4,42 €/m²
WALT: -
Pachtvertragsart: -
Indexierung: -
Units & Tenants
Anzahl Immobilien: 13
- davon Logistik: 1
- inkl. Wohnungen: 1
Parkplätze: im Freien vorhanden
Sale
Kaufpreis: 28.840.000 €
Verfahren: gegen Gebot
BRW: 4.843.000 €
Kaufpreis/m² NF: 616 €/m²
Deal-Struktur: Asset-Deal
Provision: 3,00% zzgl. USt.
Encumbrances & Notices
Denkmalschutz: nein
Sanierungsgebiet: nein
Baulasten: teilweise vorhanden
Altlasten: angefragt
Erbbaupacht: ja - 2 Standorte
Dienstbarkeiten: ja
Location, Features, and Energy Performance Certificate
Location
Macro location – overview
The retail park properties are predominantly located in areas of regional supply relevance, featuring:
*visibility and good accessibility
*solid transport links
*functional plot and building structures
*good property condition
The prospective vacancy creates the opportunity to redefine floor plans, usage concepts, and tenant structures, aligning them for long-term future viability. The portfolio thus offers an ideal platform for investors with an active asset management approach as well as for project developers focused on repositioning and sustainable value generation.
Retail sales – key takeaways & context:
Despite economic uncertainty, German retail is showing nominal growth, which is largely inflation-driven:
*Net retail sales rose by 2.1% nominally in 2024 to €664 billion; in real terms, however, purchasing power growth remained subdued.
*Online retail grew above average by +4.0% to €88.8 billion, but is not gaining market share at the same rate as before the pandemic.
*Stationary retail also achieved a nominal plus of around 2%, underlining the resilience of supply-oriented formats.
*A further turnover increase of around 2.0% is expected for 2025; the online share is likely to stabilize at approx. 14%.
Context for retail parks:
Retail parks benefit from stable underlying demand, particularly in local supply, discount, DIY and home furnishings, and are less substitutable by online channels than traditional city-centre locations.
Location quality:
Location quality varies by site. Overall, the locations offer good quality for commercial use.
Features
The properties show a well-maintained standard corresponding to their age.
The quality of fittings is classified as "normal, medium."
Special features:
* heating via ceiling fans
* heated sales areas
* break rooms incl. kitchen
* sufficient car parking spaces available
Energy Performance Certificate
Not all properties currently have an energy performance certificate (energy demand). The following data will be provided later on a property-specific basis:
Valid until xxx.
Final energy demand is xxx kwh/(m²*a).
The primary energy source for heating is xxx.
The year of construction of the property per the energy certificate is xxx.
The energy efficiency class is unknown.
Commission Notice
This sales offer is subject to commission. Upon conclusion of a purchase agreement, a commission claim arises on our part against the buyer of this property in the amount of 3.00% plus the statutory value-added tax on the notarized purchase price.
The commission is due upon successful conclusion of a purchase agreement. A contract for brokerage services is concluded, for example, by utilizing offered brokerage services, such as requesting property documents or arranging a viewing.
This fee is also due if a third party concludes a purchase agreement due to unauthorized disclosure of the property offer by the recipient of the offer, and if the purchase is made through a subsidiary/affiliated company or a company connected to the recipient of the offer – even if it operates under a different name.
We would like to point out that we also act for the seller’s side for a fee.
Direct Contact
Are you interested?
P20439@starkpartners.de+49 2150 7058210
Our specialists
Andreas Rauner
Julia Päßler
DISCLAIMER
This exposé is preliminary information; only the notarized purchase agreement serves as the legal basis. All information is provided to the best of our knowledge and belief, based on the available documents. However, no guarantee can be given for their accuracy. Errors and omissions excepted. The offer is non-binding. Prior sale is expressly reserved. Our company accepts no liability for this. Errors and prior sale reserved.
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