A private investor from Germany acquired an investment property in Leipzig Stoetteritz, Saxony, in September 2012. The seller was a servicing subsidiary of a US investment fund.
The Art Nouveau building was extended in the 1990s with a new construction and an underground garage. It is located in the best Leipzig location and has a total residential area of 1492 sqm in addition to the 25 underground parking spaces.
A specifically established Italian corporation acquired a apartment block in Leipzig-Reudnitz in May 2010. The acquisition took place by foreclosure auction in the form of a highest bidding guarantee. The seller and mortgage creditor was a servicing company commissioned by a US investment fund.
The apartment is located on the 2nd floor of an apartment building built in 1898 and completely renovated at the end of the 90s in the Zwickauer Nordvorstadt. The apartment has been completely renovated in recent months and thus brought up to date.
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